Not exactly. It appears you are letting your friend use your apartment without paying rent at all. The fact that your friend is paying fees for their use of the garage, and utilities, these expenses would not be considered income.
However, the friend is paying the HOA fees, on your behalf, and this is a separate matter. Those fees would be considered income to you under the 'Not for Profit' rental rules. Report that income as 'Other Income'.
Sign into your TurboTax account:
- Click on Federal Taxes > Wages and Income
- 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.
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