Investors & landlords


@2385364  wrote:

I saw the response below in a post but I found my Form 1040 line 21 is for refund amount. Why is that? Where should I report Not for Profit Rental Income.


Schedule 1 (Form 1040 or 1040-SR) Line 8 is now the line you would use to report Other income and NFP rental income.

 

In tax years prior to 2018, Line 21 of Form 1040 was the line designated to report Other income.