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March 29, 2025
Question

vacation house rental less than 15 days

  • March 29, 2025
  • 1 reply
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in turbo tax for 2024 I am trying to enter a rental amount for a vacation home rented less than 15 days.   Do I have to enter it?  Where do I enter?  (Turbo tax wont let me enter on Schedule E; also won't let me enter through Less Common Other Income -  wants me to Link back to Schedule C or E.

    1 reply

    March 29, 2025

    No, you do not need to enter this information.  It's not taxable, and associated expenses are not deductible.  If you received a 1099 for the income, keep it with your files in case the IRS has a question.  

     

    See: IRS Publication 527