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davelepore
davelepore Member Newcomer
edited January 15 in Income

Hello my girlfriend lives with me in my home that I own she payed me rent do I have to report that and how do i

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  • danu
    danu FreeTaxUSA Agent
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    Hello davelepore,

    While renting out your property, you would report all the rent collected as long as it qualifies as a rental property according to the IRS. It would be disqualified for the days it was considered personal use.

    A day of personal use is any day, or part of a day, that the unit was used by:

    • You for personal purposes;
    • Any other person for personal purposes, if that person owns part of the unit (unless rented to that person under a “shared equity” financing agreement);
    • Anyone in your family (or in the family of someone else who owns part of the unit), unless the unit is rented at a fair rental price to that person as his or her main home;
    • Anyone who pays less than a fair rental price for the unit; or
    • Anyone under an agreement that lets you use some other unit.
      https://www.irs.gov/instructions/i1040se

    For your situation, if there was any part of your home that was just for your girlfriend, then you could include that as a rental on your schedule E as long as it is rented at a fair rental price for the unit. Otherwise, you would need to report your income as 'Miscellaneous Income' by clicking Income » Other Income. Describe it as rent collected in an unqualified rental.