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NUMBER OF DAYS RENTED

mikega
Level 2
NUMBER  OF DAY S RENTED ??
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abctax55
Level 15

Informational (IRS says *required*)  item on Screen 18/populates on Sch E.

Absolutely necessary for correct computations if the property is a vacation rental (and the reciprocal # of days has to be entered on Screen 18 also).

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"

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6 Comments 6
AshleyatIntuit
Employee
Employee
Can you provide more information about your question?  
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IRonMaN
Level 15
I'll go with 193 days.  What kind of prize does the winner get?

Slava Ukraini!
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abctax55
Level 15
Oh, if it's a contest.....I'l take 369 days
"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
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sjrcpa
Level 15
42

Ex-AllStar
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abctax55
Level 15

Informational (IRS says *required*)  item on Screen 18/populates on Sch E.

Absolutely necessary for correct computations if the property is a vacation rental (and the reciprocal # of days has to be entered on Screen 18 also).

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
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IntuitAlicia
Employee
Employee

The number of days rented can be entered in Screen 18, Rental & Royalty Income (Schedule E) using input code 34.

'Enter the number of days the taxpayer rented the property at fair rental value during the tax year. Leave this field blank if the taxpayer did not rent the property. This is a required entry for all rental real estate properties with days rented at fair rental value.'

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