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Get your taxes done using TurboTax
That is just family members sharing expenses and does NOT need to be declared as income.
However, if you still wish to report it as rental income, then:
Enter Rental Income & Expenses:
- Open your return.
- Enter rentals in the Search box.
- Click on jump to rentals link.
- Enter your rental income followed by your expenses.
Or Click on Federal tab, then Wages & Income, then Edit/Add to the right of Rental Properties and Royalties (Sch E),
TurboTax FAQ: Where do I enter income and expenses from a rental property?
TurboTax FAQ: What kinds of rental property expenses can I deduct?
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March 15, 2024
1:05 PM