turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

liberwatt
New Member

How do I not enter 1099K Income for a short-term rental, totaling less than 15 days?

Can I delete the 1099K income for a short-term rental due to minimal rental use?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

How do I not enter 1099K Income for a short-term rental, totaling less than 15 days?

I assume this must not be for 2025, because the requirements for when to issue a 1099-K for 2025 probably wouldn't have been met in this situation.

 

And to qualify for the Augusta rule to not have to report that income, it would have to be a property that is mostly for personal use normally, such as a second home or vacation home or your primary residence.   

 

The IRS computers are going to be looking for some kind of reported income to match the 1099-K reported income.  One way you can do that is enter the income shown on the 1099-K as rental income, but then add an "other" expense to the rental property with an amount equal to the rent income amount and name the expense something like "280A(g) Exception" or something else along those lines that references the 280A(g) tax law.  Make sure that the net income on the Schedule E end up as $0 (no depreciation, etc, and enter 0 personal use days, and the correct number of rental days). 

David O
CesarJ
Expert Alumni

How do I not enter 1099K Income for a short-term rental, totaling less than 15 days?

@taxmodern has a good approach to address your tax question. However, if you rent your home for less than 15 days in the year, rental income from that short-term rental is generally not taxable and doesn't have to be reported. This means you don't need to enter the 1099-K income related to this simple rental use in TurboTax as rental income.

Property management companies sometimes use payment settlement entities to issue 1099-K forms even when your rental income doesn't meet the $20,000 or 200 transaction reporting threshold. Despite receiving such a form, IRS (Pub.527) clearly says you don't have to report rental income when it's from rentals under 15 days.
 

You can also call the property management company to ask for a correction of the 1099-K. Tell them to look at this IRS link as the reason for the correction.

 

@liberwatt 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question