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New Member
posted Feb 16, 2024 6:52:28 AM

Do I need self emplyoed tax return if I only rent my garage?

I only rent out half my garage.
I have only declared in the past as other income for tax purposes. What is the best solution not wanting to upgrade my tax report on Turbo tax for this..?

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1 Replies
Intuit Alumni
Feb 16, 2024 7:56:39 AM

If you've made less than $3,500, you may report this income as "occasional earnings". 

 

TurboTax Online Instructions:

1. Go to the left side menu and click: Income then Other Income Sources then Income not reported on a T-Slip

2. Check the box: Received tips, gratuities, occasional earnings, or other employment income

3. Continue following the prompts.

 

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