You'll need to sign in or create an account to connect with an expert.
The information about reporting the timeshare is shown here. A rental of less than 14 days does not require income to be included on your return.
To eliminate the IRS from looking for it on the return, you can choose to enter the income and then a miscellaneous expense for the same amount. No gain or loss. To allow TurboTax to let you do it, say it was rented for 15 days.
You can go directly to the area to enter your information.
Follow the interview to enter or review your information.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jeffreymf
New Member
satelliteguru
New Member
BobD14
New Member
Jackal000
New Member
evert54
New Member
Want a Full Service expert to do your taxes?