I rented a space for my office and paid a retainer/deposit in addition to the rent. Is the retainer/deposit deductible?

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No, you cannot deduct rent deposits as expenses until used, all or in part, to pay rent or damages and only then if allowed as a business expense. To learn more about this, please see the entire TurboTax FAQ post below.

https://ttlc.intuit.com/replies/4791577

I owed money this year to the feds. I paid but for some reason it was deducted from my state return even after I had payed it. Will they correct it.should I call Ttax?

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I rented a space for my office and paid a retainer/deposit in addition to the rent. Is the retainer/deposit deductible?

I rented a space for my office and paid a retainer/deposit in addition to the rent. Is the retainer/deposit deductible?

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I rented a space for my office and paid a retainer/deposit in addition to the rent. Is the retainer/deposit deductible?

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I rented a space for my office and paid a retainer/deposit in addition to the rent. Is the retainer/deposit deductible?

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