Rental home P&L

[USER987456]

Do I need to attach a  profit and loss statement to my 1040 for our single family rental home?

[DoninGA]

No.  The P&L statement is not required when reporting income and expenses on Schedule E for a rental property.

[SharonD007 · Accepted solution]

No, you don't attach the profit and loss statements to your tax return.

For more information on rental properties, refer to the TurboTax Help article Where do I enter income and expenses from a rental property? and What Is a Schedule E IRS Form?