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New Member
posted Jul 2, 2019 2:28:02 PM

I rent my apartment where I live. I added a roommate who now pays half the rent. Is this reportable income?

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2 Replies
Level 15
Jul 2, 2019 2:36:08 PM

No, it's not income that you have to report. You and your roommate are just sharing expenses. It does not affect your income tax.

Level 15
Jul 4, 2019 3:38:09 PM

Do you have a signed lease agreement with Roommate?   Are either of you claiming a state tax rent deduction or credit?