351794
You'll need to sign in or create an account to connect with an expert.
Nothing. Rent and utilities, whether paid directly to a landlord or through a cost-sharing arrangement with a roommate or co-tenant, are considered personal expenses. As such, these expenses are not deductible for federal income tax purposes.
Some states have various credits for persons paying rent. These may depend on one's income or other factors and may have specific definitions of what payments constitute "rent." You should check with your state's Department of Revenue or other taxing authority for relevant instructions.
Nothing. Rent and utilities, whether paid directly to a landlord or through a cost-sharing arrangement with a roommate or co-tenant, are considered personal expenses. As such, these expenses are not deductible for federal income tax purposes.
Some states have various credits for persons paying rent. These may depend on one's income or other factors and may have specific definitions of what payments constitute "rent." You should check with your state's Department of Revenue or other taxing authority for relevant instructions.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
lasersail12
Level 2
hijyoon
New Member
sunshineseller
New Member
patamelia
Level 2
TuckerdogAVL
Level 5