Do you own the property? If not, you’re a tenant and it isn’t treated as income because it isn’t income. They’re just paying their part of a shared rent through you.
If you are the owner, they aren’t your roommate, they’re your tenant, and maybe you should get these terms clear before you file your taxes again.
Do you own the property? If not, you’re a tenant and it isn’t treated as income because it isn’t income. They’re just paying their part of a shared rent through you.
If you are the owner, they aren’t your roommate, they’re your tenant, and maybe you should get these terms clear before you file your taxes again.
Yes I own the property.
And yes I know that I am taxed on the rent.
None of that is the point of my comment. The rent I collect isn’t treated as income by a wing of the government.
Only because you aren’t reporting it correctly.