turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

taxpete
New Member

I trade work for rent. How would I claim that?

 
Connect with an expert
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.

1 Reply
JohnW15
Intuit Alumni

I trade work for rent. How would I claim that?

You would consider this as bartering income, and report it on Schedule C.  With TurboTax open, type "Schedule C" in the Search box and then select the "Jump to" link to report this income.

The amount you report would be the fair market rental value of the place you lived in exchange for your services.

Please see TurboTaxAshleyR2's previous answer on point, below, and the IRS' Topic Number 420 - Bartering Income for more information.

https://ttlc.intuit.com/replies/5783698


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies