A document, published by the Internal Revenue Service (IRS), that gives information for individuals with residential properties which are rented out for income, either part of the year or all year. In most cases, all rental income must be reported on the tax return. However, there are differences in expenses that can be deducted and the manner the rental activity is reported on the return. The publication also explains the process of accounting for property depreciation, kinds of deductions can be made on rental income, and steps to take on if only a portion if a property is rented.