I just learned that my co-op fees are deductible under business expense. I don't see a place specifically to list them. Do I just list the amount under other?
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I just learned that my co-op fees are deductible under business expense. I don't see a place specifically to list them. Do I just list the amount under other?
I am a realtor with a home office. I live in a co-op. I am trying to deduct my co-op maintenance fees as a business expense, but I don't see a specific place to list them. Do I put them under other?
I just learned that my co-op fees are deductible under business expense. I don't see a place specifically to list them. Do I just list the amount under other?
Yes. If you are deducting expenses for your Home Office, you can enter the Co-op Maintenance Fee on the Other Expenses category for Form 8829, Expenses for Business Use of Your Home.