Contributed by: PhillipB, FreeTaxUSA Agent, Tax Pro
Menu Path: Income > Business Income > Rental Income (Schedule E)
What if I have rental income?
If you have rental income from real estate such as a single-family home, apartment complex, vacation home, or any other type of real estate that you own, enter your rental information on the Rental Income screen.
Income from renting equipment or vehicles would need to be reported by adding a new business on the Your Business Income (Schedule C) screen. If the rental income is from rental farm property, you would need to report the income in the Farm Rental Information section.
Related Articles
What are rental days vs. personal use days?
How are vacation home rentals handled differently from other rental property?
Should my Airbnb or VRBO rental income be reported as Schedule C income or Schedule E income?
Video Tutorial