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gasmanga
March 2, 2025
Question

Can I use Turbotax to deal with the Augusta exemption, Section 280A? I received a 1099-misc for for the rental income. I've been using a CPA to avoid any problems.

  • March 2, 2025
  • 1 reply
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    1 reply

    PatriciaV
    PatriciaV
    Employee
    March 3, 2025

    Yes, if you use a dwelling unit as a residence and rent it for fewer than 15 days, don't report any of the rental income and don't deduct any expenses as rental expenses.

     

    You use a dwelling unit as a home during the tax year if you use it for personal purposes more than the greater of:

    •     14 days, or
    •     10% of the total days it is rented to others at a fair rental price.

    Note that if you take the deduction for the business use of a home office, you cannot use the Augusta Rule. 

     

    See this TurboTax article for more information: Ten Tax Tips for Short Term Rentals 

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