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Eligible sales, with amounts you enter: sales reported on Form 1099-B, and sales with no Form 1099-B (Form 8949 boxes C and F). Capital-loss carryovers from earlier years and capital-gain distributions are included; a carryover from a joint return to a separate return is not. Rental and royalty income goes on Schedule E Part I, with depreciation on Form 4562 as in Premier. Form 8582 is prepared when a rental loss is limited because you did not actively participate in the rental. Form 6198 is prepared when money you have in a business, rental, royalty or K-1 activity is not at risk and the activity has a loss. A loss the at-risk rules carried in that came partly from a sale is refused by name, and an amount last year's Form 6198 added back to income is deducted this year from the same activity. Grouped or short-term rentals and a limited rental loss alongside the foreign tax credit are not included. A rental or business held through a company or LLC set up abroad is not prepared. Schedule K-1 from a partnership or an S corporation goes on Schedule E Part II, for returns from 2019 to 2025 (2019 to 2024 on paper, 2025 e-filed), including streamlined and amended returns, with Form 7203 from 2021 for an S corporation shareholder with a loss or a distribution (for 2019 and 2020 the same basis figures are attached as a worksheet). A K-1 on a 2026 return is not prepared. A K-1 with foreign tax or Schedule K-3 foreign items is prepared for 2021 to 2025 returns, from its Schedule K-3 rows by country and kind of income on Form 1116. On 2019 and 2020 returns a K-1 with foreign tax or foreign transactions is refused by name. A K-1 from a business that trades financial instruments for its owners is prepared as not passive and stays in the 3.8% net investment income tax; one whose statement lists more than one activity is refused by name. Income a K-1's statement treats as not passive is prepared when it is rent from property let to a business you materially participate in, or profit from a business you worked in for more than 100 hours without materially participating. Refused by name: K-1 income its statement treats as not passive of another kind, where the 3.8% net investment income tax is due or beside losses of your other passive activities, and such a profit from a business you worked in beside a loss of another passive business or a rental whose income is treated as not passive because less than 30% of the property's cost can be depreciated (mostly land). Also refused by name: a K-1 from an estate or trust, a Schedule Q, a publicly traded partnership, foreign tax on a K-1 with no Schedule K-3, a section 951A tax, research and experimental costs on a K-3, foreign tax redeterminations (Schedule C of Form 1116), the Form 1116 line 18 adjustment (Worksheet B) for a K-3 gain or loss on a return with a Schedule D, foreign tax your basis limit holds back, a K-1 loss a basis, at-risk or passive limit holds back beside a Schedule K-3 on a Form 1116, work abroad smaller than a Schedule K-3's rows across two categories beside an exclusion, and a rental's or business's own interest above $5,000 of foreign income when it is shared by assets. On a 2019 to 2024 K-1, section 965 and subpart F inclusions, commercial revitalization and section 108(i) items are refused by name. Form 4797 covers the sale of depreciated business or rental property, for 2019 to 2025. A sale of property abroad on a return that claims the foreign tax credit, a sale beside the qualified business income deduction, property expensed under section 179, a partial sale, an installment sale and a sale to a related person are refused by name. Form 8621 covers each passive foreign investment company (PFIC) for 2025 returns and, on paper, 2022 to 2024 returns. A fund held through a partnership, a foreign company or a trust, your spouse's shares on a return that is not joint, and a case the IRS text does not settle, are refused by name. Incentive stock option sales are adjusted on Form 8949. Digital-asset sales (Form 8949 boxes G to L) and crypto file imports are not included in these plans. Form 8938 covers supported account and asset summaries, the income from those assets on your return (Part III), and assets already reported on Form 3520 or 3520-A (Part IV). When your income is below the level at which a return is due and nothing else on the return makes one due, Form 8938 is left off; a joint return keeps it in nearly every case. Form 8938 does not replace FBAR.