Renting a room in home VS sharing my home?

Is there a tax or income difference with renting out a room in my home or having roomates situation and share expenses in my home? Are the payments considered income? I have read a few replies regarding is the rent considered income and taxable and have read totally opposite answers. Does someone know for... show more Is there a tax or income difference with renting out a room in my home or having roomates situation and share expenses in my home?

Are the payments considered income? I have read a few replies regarding is the rent considered income and taxable and have read totally opposite answers.

Does someone know for sure the USA/federal law regarding this question? Thank you
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