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I rent a condo with an outdoor parking spot in a carport. Where do I put the rental income from that parking spot? I got $50 from a neighbor for a few months. Do I put it in Miscellaneous or Schedule E? Detailed instructions please. I'm using TurboTax Home and Business.
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Click the Personal tab
Click Personal Income
Scroll down to Less Common Income
Click the Start button to the right of Miscellaneous Income, 1099-A, 1099-C
Click the Start button to the right of Other reportable income
Click the Yes button
Enter a description and the total you received
Click the Personal tab
Click Personal Income
Scroll down to Less Common Income
Click the Start button to the right of Miscellaneous Income, 1099-A, 1099-C
Click the Start button to the right of Other reportable income
Click the Yes button
Enter a description and the total you received
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