Welcome back! Ask questions, get answers, and join our large community of tax professionals.

596

596

The following diagnostic is generating:

Schedule E # {PrefixNum} : Unit rented out less than 15 days. Do not report any rental income; report rental expenses on Schedule A.

Solution:

According to the Schedule E form instructions, the home cannot qualify to be treated as a vacation home according to the following requirements:

If you or your family used the unit for personal purposes in tax year, more than the greater of: 14 days or 10% of the total days it was rented to others at a fair rental price.

Home was rented out less than 15 days.

Critical, will not prevent e-file transmission.

Labels (2)