The income from a Not-for-profit rental is reported on Line 21 1040.
- Click on
Federal Taxes
- Wages and
Income
- You may
need to click Jump to Full List, Show me everything or I’ll choose what I
work on depending upon your situation and the TurboTax version you are
using.
- Scroll to
the very bottom; Less Common Income; Click Show more (if start isn’t
displayed)
- Click
Start across from Miscellaneous Income, 1099-A, 1099-C
- At the
“Other Taxable Income” screen, enter your description – Not for
Profit Rental and then amount of income you received.
