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wsmith521
New Member
posted
‎February 6, 2021 2:18 PM
last updated ‎February 06, 2021 2:18 PM

If I claim rent and I pay a friend rent in her condo, does she have to claim this on her taxes?

 
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ToddL99
Expert Alumni
Expert Alumni
‎February 6, 2021 2:51 PM

If I claim rent and I pay a friend rent in her condo, does she have to claim this on her taxes?

If you are claiming a tax deduction (or a tax credit) based on rent payments made to a friend, then your friend should report the payments as rental income on her tax returns.

 

Report the rental payments to your friend on a 1099-MISC, using Box 1.

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1 Reply
ToddL99
Expert Alumni
Expert Alumni
‎February 6, 2021 2:51 PM

If I claim rent and I pay a friend rent in her condo, does she have to claim this on her taxes?

If you are claiming a tax deduction (or a tax credit) based on rent payments made to a friend, then your friend should report the payments as rental income on her tax returns.

 

Report the rental payments to your friend on a 1099-MISC, using Box 1.

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