General Landlording & Rental Properties

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Calvin N.
  • Georgia
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173
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Reporting tenant debt to IRS

Calvin N.
  • Georgia
Posted Aug 3 2008, 10:50

I have read, but want to confirm that I can report forgiven rent payments from a tenant as income to the IRS. The tenant moved out and owes me for last month and a half rent plus utilities. Instead of going after them in small claims court (they don't have any money) I would prefer to report it as income to the IRS for them and let the IRS have a chance of getting some taxes out of them.

Have any of you done this? If so, what form did you use to report it?

Thanks!

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