I rent out my timeshare that's located outside of my home state. Is that income reported as out of state even though I'm paid electronically in the state I live?

posted

Income is normally reportable/taxable in the location where actually earned. If from fixed location(s) where you have an interest, then it is subject to taxes there.

I am a retired clergy person and am able to use Section 107 of the Internal Revenue Code to exclude my pension but need to put a note on line 5 of the 1040. How??

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

I rent out my timeshare that's located outside of my home state. Is that income reported as out of state even though I'm paid electronically in the state I live?

I rent out my timeshare that's located outside of my home state. Is that income reported as out of state even though I'm paid electronically in the state I live?

Get more help

Do you have a TurboTax Online account?

I rent out my timeshare that's located outside of my home state. Is that income reported as out of state even though I'm paid electronically in the state I live?

Do you have an Intuit account?

I rent out my timeshare that's located outside of my home state. Is that income reported as out of state even though I'm paid electronically in the state I live?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert