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shelly199
New Member

I rented my personal residence to a tv company to film for 10 days. I do not have to pay taxes on that income. How do I show this in Turbotax?

 
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1 Reply
AnnS7
New Member

I rented my personal residence to a tv company to film for 10 days. I do not have to pay taxes on that income. How do I show this in Turbotax?

There's a special rule if you use a dwelling unit as a residence and rent it for fewer than 15 days.  In this case, don't report any of the rental income and don't deduct any expenses as rental expenses.   

However to qualify, you must:

  • Rent part or your entire house for no more than 14 days during the year
  • Live in the house yourself for more than 14 days during the year or at least 10% of the time that you rent it to others.

There will be no entries for this income in TurboTax.

Please click link for further information:  https://www.irs.gov/taxtopics/tc415.html


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