Jodi has owned a rental home for many years, but in December 2017, her longtime tenant moved out. In January 2018, Jodi began renting the property to a coworker who was going through a divorce. The fair rental value of the home is at least $1,100 per month, but Jodi rented it to her coworker all year for $500 a month. How does Jodi report this income on her tax return?

1. As other income on Schedule 1 (Form 1040), line 21.

2. As passive rental income on Schedule E.

3. As non-passive rental income on Schedule E.

4. Jodi does not need to report this income on her tax return.

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nswer s ther inme n Shedule 1 Frm 1040 line 21 Exlntin Line ... View the full answer