I wanted to report my rental income on T776 . my tenant pay rent of $27600.00 annually and I pay bank mortgage of $24000.00 annually. What gross rent should I report ?
a. Is it the $27600.00 rent paid by my tenant?
b. Or the different of $3600.00 of rent pay $27600.00 and mortgage $24000.00 ?
Thank you.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
