Tax Facts

7799 / What is the treatment of a dwelling unit that is rented for fewer than 15 days in a year?

If an individual rents a dwelling unit (as defined in Q 7798) for fewer than 15 days during the year, and the individual has used it as a residence during the taxable year, the income received from such a rental is excluded from gross income and no deductions for rental are allowed.1

1. IRC § 280A(g).

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