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xiaruohan
New Member

Should rent income be considered as 1099 income?

I am a landlord sublet my room. Is the rent income considered as 1099?
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2 Replies
Hal_Al
Level 15

Should rent income be considered as 1099 income?

No.  That is, you do not need a 1099 to enter income on your tax return. You just enter it from your own records,

 

But, you have a bigger question: are you really a landlord, depending on what "sublet my room" means.

Carl
Level 15

Should rent income be considered as 1099 income?

Rental income is "a type of" business income. But it's not reported on SCH C. It's reported on SCH E. A 1099 is not required to report rental, or any other type of business income for that matter.

 

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