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I sold a vacation week for a time share. I had to file for this last year. I don't have any paperwork, but know the amount earned. How do I file this?

 
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MarilynG
Expert Alumni

I sold a vacation week for a time share. I had to file for this last year. I don't have any paperwork, but know the amount earned. How do I file this?

If you rented out your timeshare for a week, you don't have to report that income on your tax return.

If you receive a 1099-Misc from the timeshare company, you can report it as a rental for less than 14 days on your return under 'Less Common Income':

Here's how to enter an actual Timeshare Sale:

https://ttlc.intuit.com/replies/5165545

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

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1 Reply
MarilynG
Expert Alumni

I sold a vacation week for a time share. I had to file for this last year. I don't have any paperwork, but know the amount earned. How do I file this?

If you rented out your timeshare for a week, you don't have to report that income on your tax return.

If you receive a 1099-Misc from the timeshare company, you can report it as a rental for less than 14 days on your return under 'Less Common Income':

Here's how to enter an actual Timeshare Sale:

https://ttlc.intuit.com/replies/5165545

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