turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

If I am not self employed, and I just rent a detached 2-car garage to a neighbor for his construction company, what kind of income is this?

The cost to rent the garage was $300/month for 6 months in 2017. I filled out a W-9, but have not receive a 1099.  I rent the house on this property. The home owners I rent from allow me to rent the garage.  The home owners do not receive any benefits or any of the income from the rental of the garage.  I use the income to help me pay my bills.
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 Best answer

Accepted Solutions
PaulaM
Employee Tax Expert

If I am not self employed, and I just rent a detached 2-car garage to a neighbor for his construction company, what kind of income is this?

It's rental income (not self-employment income). Report on schedule E the income and any expenses that you may have had. 

You will need TurboTax Premier for the Schedule E. You don't have to own the property or receive a 1099-MISC to have rental income.

https://turbotax.intuit.com/personal-taxes/online/

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

3 Replies
PaulaM
Employee Tax Expert

If I am not self employed, and I just rent a detached 2-car garage to a neighbor for his construction company, what kind of income is this?

It's rental income (not self-employment income). Report on schedule E the income and any expenses that you may have had. 

You will need TurboTax Premier for the Schedule E. You don't have to own the property or receive a 1099-MISC to have rental income.

https://turbotax.intuit.com/personal-taxes/online/

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

If I am not self employed, and I just rent a detached 2-car garage to a neighbor for his construction company, what kind of income is this?

Wow that was quick  Thank you!
PaulaM
Employee Tax Expert

If I am not self employed, and I just rent a detached 2-car garage to a neighbor for his construction company, what kind of income is this?

You are welcome! 🙂
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question