I don’t think we pay property taxes because we live on a park and this is our first “home” but we don’t have a mortgage and we paid cash but we would like to file separately unless we can’t. Please help i’m confused!
If you are not legally married you and he can only file as Single on each 2023 tax return.
Lot rent is not reported on a federal tax return. Your state may have this as a deduction and if it does the TurboTax state program will cover this deduction.
Okay thank you so much for that, do you also know since we both bought the house in cash and we are both on the title. Do we both file it separately or just one of us claim it? I don’t want to get in trouble with government and have to owe anything.
@alexpadron1114-g Since you both are on the title you can decide between yourselves how you want to report the lot rent paid on the state return. If you choose to both deduct the rent then make sure the amounts entered on your state tax returns does not exceed the total amount actually paid.