I received a 1099 MISC for a movie being filmed at my house for a few days. It is in box 1, rental. I was told that under 15 days a year it is not taxable. Do I enter it?

[Hal_Al]

Report the income as misc line 8, Schedule 1 income (enter in TurboTax at the 1099-Misc screen) .  

Then enter a line 8 deduction, for the same amount.  In TurboTax (TT), enter at:
- Federal Taxes tab
 - Wages & Income
Scroll down to:
-Less Common Income
      -Misc Income, 1099-A, 1099-C
       - On the next screen, choose – Other reportable income -  Answer yes to Any other Taxable Income -On the next screen, Enter the number with a minus sign (-) in front.  Briefly explain at description.

[jesszep]

Thank you for your response I appreciate it. This question is more specifically in relation to me owning a business and me renting my home for some sales meetings due to social distancing. Any help would be much appreciated. 

[Hal_Al]

 I'm not sure I understand your question/situation. 

"owning a business and me renting my home" ??

[tjhom]

I have a 1099 misc box 1. Filled. 

Other boxes are zero blank. I rented out my place for 1 day only .I added a 1099 misc. Put the tax payers name, address,  federal ID number.

Where on the software do I put '14 day rule? I don't see  a box as description to enter 14 day rent rule. I did put in a neg. Number in box 1.where else , other box field can I input this 14 day rent rule??label? This is LA County. 

From turbotax 

Type '14 day rent rule' as a description and enter the amount.

Then repeat the steps above and enter the amount as a negative number. 

Any other written examples u can post would be helpful. 

Tyvm

[GeorgeM777]

In situations of this type, you are correct in that TurboTax recommends reporting the rental income as other income.  To enter other income in TurboTax online, click on Wages & Income, scroll down the page to Less common income, click on the drop-down arrow and select Miscellaneous Income.  From the list select Other reportable income and respond to the questions on the screens that follow.  Enter the amount on the 1099-MISC as a positive number.

After entering the amount on the 1099-MISC as a positive number, then repeat the above steps and enter the same amount as a negative number. These entries will offset.  

@tjhom