I'm a mechanic renting a shop. 1/2 of the property taxes due for the shop are passed on to me. Can I claim my portion as a business expense on 1040SC? On what line?
Do you have a TurboTax Online account?
We'll help you get started or pick up where you left off.
I'm a mechanic renting a shop. 1/2 of the property taxes due for the shop are passed on to me. Can I claim my portion as a business expense on 1040SC? On what line?
posted
June 3, 20191:00 PM
last updated
June 03, 20191:00 PM
Connect with an expert
x
Do you have an Intuit account?
You'll need to sign in or create an account to connect with an expert.
I'm a mechanic renting a shop. 1/2 of the property taxes due for the shop are passed on to me. Can I claim my portion as a business expense on 1040SC? On what line?
If you rent the property, you would claim the real estate taxes as rental expense (line 20b),
if you own the property, you claim the expense as taxes (line 23).
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.