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dtallard1
New Member

1042s income code 54

I am a resident alien living in the US. I am an AirBnB host in the US. I received Form 1042s code 54 stating my earnings. How do I enter this information in my tax return?
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Accepted Solutions
LinaJ2018
Intuit Alumni

1042s income code 54

As an Airbnb host, with code 54, you would enter your information as a self-employed business. 

 

To do so in TurboTax Self Employed online edition, go to:

1.  Sign in to your account and select Pick up where you left off

2.  At the right upper corner, in the search box, type in schedule C and Enter 

3.  Select Jump to schedule C, follow prompts to enter your business information

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1 Reply
LinaJ2018
Intuit Alumni

1042s income code 54

As an Airbnb host, with code 54, you would enter your information as a self-employed business. 

 

To do so in TurboTax Self Employed online edition, go to:

1.  Sign in to your account and select Pick up where you left off

2.  At the right upper corner, in the search box, type in schedule C and Enter 

3.  Select Jump to schedule C, follow prompts to enter your business information

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