How to enter a 1099-misc for rental less than 14 days..."schedule e" gives me an error because it is less than 14 days and therefore not taxable.

Forum|Forum|6 years ago
June 6, 2019
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Best answer by view2

When you receive a 1099-misc for home rental income 14 days or less enter the amount in the Less Common Income section,: Miscellaneous Income and then click Other Reportable Income .

Use the description "14 day rent rule" .That takes care of reporting the income.

Then same steps ,same description, enter the same amount as a negative.

view2Answer

Employee

When you receive a 1099-misc for home rental income 14 days or less enter the amount in the Less Common Income section,: Miscellaneous Income and then click Other Reportable Income .

Use the description "14 day rent rule" .That takes care of reporting the income.

Then same steps ,same description, enter the same amount as a negative.

ttfnAuthor

Thank You!!! Much Appreciated...

RobertB4444

@johndeerehunter As @view2 says above you will go to the 'Wages and Income' section and scroll down to 'Other Income' and enter the income from the 1099-MISC. It asks for a description of the income and in that space you will put "14 day rent rule". Then, on the next line, put the same description and a negative of the same amount as you put on the first line. That will zero out the amount so that it is reported to the IRS but not taxed.

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