Usually a partner is living in the same space as you and does not have a specific space rented exclusively for them. For example: Your son has a specific area that you do not use. He is renting out space exclusively for his use. Sch E for rental income.
Is your partner renting an area exclusive to them? Normally, it is a bedroom, maybe a bathroom, but a partner does not seem to apply here. In addition, it must be fair market value for what others would charge in the same situation. If it is below fair market value, then no rental expenses are claimed. This would be pure income. Follow these steps:
- go to the federal income section
- scroll to the bottom
- Miscellaneous Income, 1099-A, 1099-C, Start
- Scroll to the bottom
- Other reportable income, Start
- Other taxable income?
- Select YES
- Description rental income
- Amount, enter your amount
- continue
See Publication 527, Residential Rental Property (Including Rental of Vacation Homes)
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