Re: My mother and uncle live in my house, do I claim them as income?

My mother and uncle live in my house, do I claim them as income?

posted

If you are renting your home for less than the fair-market-value of rent, then their use of the home is considered personal use. In this case, you do not report any rental income. However, if you are renting the house at or above the fair-market-value then you need to report the rental income. You can look up the fair market value of rent for your home on the HUD website.

Please view the directions for reporting rental income.

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

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

My mother and uncle live in my house, do I claim them as income?

My mother and uncle live in my house, do I claim them as income?

Get more help

Do you have a TurboTax Online account?

My mother and uncle live in my house, do I claim them as income?

Do you have an Intuit account?

My mother and uncle live in my house, do I claim them as income?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert