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Instructions and help about Rev 484

today we do a quick video on how to fill out a Schedule E so Schedule II is for people who have rental properties there are other uses for it for royalties if you have like oil stakes and oil wells and stuff like that but for today's purpose we're just going to focus on people who have rental properties whether it's just a single-family house you rent out or multi-family house like a duplex or triplex or if you have commercial real estate property it's all going to be recorded here on Schedule E so looking down here you go to the form so it Schedule E looks like so the first one part one here they're gonna ask you did you make any payments in 2012 that required your file forms 1099 so again a 1099 is just if you paid someone over six hundred dollars to do work for you and they weren't an employer they're just an individual contractor you're gonna have to issue them a 1099 so if you did pay one person more than six hundred dollars you're going to click yes here Part B is just if yes did

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