- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Did you receive a 1099 or other statement regarding the rented points? If so the reporting may depend on if you received a 1099 and what box the income is listed in. As TurboTaxVal stated, you would report it as other income if no 1099 was received. The deductions would yes, include a portion of your maintenance fees plus other expenses up to the amount received if this is essentially a short term hobby item. Hobby deductions are only allowed up to the amount of hobby income received. The links below may be of assistance to you:
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 21, 2023
11:22 AM