topic Me and my fiance share the rent for our apartment, who can claim in on their taxes in Investors & landlords

Me and my fiance share the rent for our apartment, who can claim in on their taxes

sco387166 — Thu, 06 Jun 2019 15:48:52 GMT

SweetieJean — Thu, 06 Jun 2019 15:48:54 GMT

Which state?

levisncap89 — Thu, 06 Jun 2019 15:48:55 GMT

Rent is not a deductible expense on a federal return. Where are you trying to claim this?

SweetieJean — Thu, 06 Jun 2019 15:48:56 GMT

It is on some State returns.

levisncap89 — Thu, 06 Jun 2019 15:48:57 GMT

Which is why I specified federal and asked where they were trying to claim it.

CathiM — Thu, 06 Jun 2019 15:48:58 GMT

Neither, unfortunately, you cannot deduct the rent you pay for an apartment on your taxes.

You could, only if you use your apartment for your trade or business.

SweetieJean — Thu, 06 Jun 2019 15:48:59 GMT

True for Federal, but some States allow it.