Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Schedules K-1 and Rental Income Workout

Rental Income and Expenses

Skills Warm Up: Rental Income

Question 1 of 1

Which of the following taxpayers is exempt from reporting rental income?

Tom, who rents his former residence in Ohio while he works overseas
Sebastian, a resident alien who rents his former residence in Germany
Georgina, who owns a home and receives rent from her roommate
None of the above