How/where do I report "other reportable income" for a house I rented below fair market value?
The income from a Not-for-profit rental is reported on Line 21 1040.
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 Taxable Income” screen, enter your description – Not for
Profit Rental and then amount of income you received.