TaxGuyBill
Level 15
04-07-2023
10:12 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Yes, they need to show the rental income.
The less-than-15-day rule applies if the dwelling unit was used as a "residence" by the taxpayer. Your client did not use it as a residence, so the rental needs to be reported.