Are you saying you have a rental Not For Profit? See the procedure below.
If you had a profit motive and were not able to get the rent you desired you still enter the rent in Schedule E.
To report:
- 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 Reportable Income” screen, enter your description – Not for Profit Rental and then amount of income you received.
