Investors & landlords

Yes, this is reportable income.  If the rent was below fair market value then this is reported on line 21 by doing the following:

  • Click Federal
  • Wages and Income
  • I'll Choose what I work on
  • Scroll down to Less Common Income
  • Click Start next to Miscellaneous Income
  • Scroll down and click start next to Other Reportable Income
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post