answersLogoWhite

0


Best Answer

no, unless it is for business related rent

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: In the state of new york can you claim rent paid on your income tax return?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

Can NYC tax withholding be claimed on my tax returns?

If you itemize on your federal income tax return, City and State income taxes paid are deductible on your return.


Who should be paid first Maine State Income Tax or Maine Federal Income Taxes?

You have only the Federal income tax return and Maine state income tax return. The due date for the Federal income tax return and amount due is April 15 2010. The Maine state income tax return and any amount that is due is also April 15 2010.


Can you claim sales tax on your taxes?

Yes, you can claim state and local sales taxes on your return. But in order to do so you must itemize deductions and you must not claim state and local income taxes. You're allowed to claim either state and local income taxes or state and local sales taxes, but not both.If you do claim the sales tax deduction, you can either claim the amount you actually paid (based on receipts) or the amount given to you by the IRS's Sales Tax Deduction Calculator.For a more detailed explanation of the state and local sales tax deduction, please see Deducting State Sales Tax.


Can I deduct monies paid to settle a lawsuit?

Not deductible on your income tax return unless the amount paid was to produce taxable income that was reported on your income tax return. Then a limited amount could be deductible on your income tax return.


Do you enter the amount paid from a federal garnish on your tax return?

No. Your gross income is reported on your federal 1040 income tax return. The federal garnish amount that was paid would not be a deduction from your gross income on your income tax return.

Related questions

Can NYC tax withholding be claimed on my tax returns?

If you itemize on your federal income tax return, City and State income taxes paid are deductible on your return.


Who should be paid first Maine State Income Tax or Maine Federal Income Taxes?

You have only the Federal income tax return and Maine state income tax return. The due date for the Federal income tax return and amount due is April 15 2010. The Maine state income tax return and any amount that is due is also April 15 2010.


Can you claim sales tax on your taxes?

Yes, you can claim state and local sales taxes on your return. But in order to do so you must itemize deductions and you must not claim state and local income taxes. You're allowed to claim either state and local income taxes or state and local sales taxes, but not both.If you do claim the sales tax deduction, you can either claim the amount you actually paid (based on receipts) or the amount given to you by the IRS's Sales Tax Deduction Calculator.For a more detailed explanation of the state and local sales tax deduction, please see Deducting State Sales Tax.


What types of taxes paid are not allowable deductions on your tax return?

Federal income taxes are not deductible on your federal or state income tax return. http://small-business-tax-info.com


Can I deduct monies paid to settle a lawsuit?

Not deductible on your income tax return unless the amount paid was to produce taxable income that was reported on your income tax return. Then a limited amount could be deductible on your income tax return.


Do you enter the amount paid from a federal garnish on your tax return?

No. Your gross income is reported on your federal 1040 income tax return. The federal garnish amount that was paid would not be a deduction from your gross income on your income tax return.


How do you file taxes if you worked in Iowa and Arizona?

The answer will be different depending on which state you lived in and on whether you moved from one state to another. The general principle is that income is taxable in BOTH the state where you earned it and the state where you were a resident at the time. If, for example, you were a resident of Arizona and occasionally traveled to Iowa to do work, then you would claim all of the income earned in Iowa on an Iowa non-resident income tax return. On you Arizona full-year resident return, you would claim all of the income you earned all year in BOTH states. Then you would attach Arizona Form 309 to claim a credit for taxes paid to Iowa. On the other hand, if you moved from Arizona to Iowa, then you would file an Arizona Part Year Resident income tax return and pay taxes to Arizona on the income you earned while living in Arizona. You would also file an Iowa Part Year Resident income tax return and pay taxes to Iowa on the income you earned while living in Iowa.


Can your wife and you claim your elderly mother as a dependent on or federal income tax return?

yes, of she lived in your home and they paid more than half of her living expenses


Does unemployment count as income for a tax return?

Yes. You will receive the 1099 from the State that paid the benefit. You can elect to have withholding made from the payments.


Can you count your tax payment from a previous year's taxes on the current tax form?

If you are talking about your amount paid with your federal tax return, the answer is no. You cannot deduct your previous years federal income tax on your current years tax return. You can deduct on Schedule A the amount paid on your State income tax return if you itemize your taxes.


Are fees paid for a loan modification tax deductible?

no you have to claim it as income


You earned 50.00 from one company do you have to claim it on your taxes?

The answer to this question is yes. All income is to be reported on your tax return. The company who paid you is only required to send you a 1099 form if your income is above $600 but even if you don't get a 1099, that does not relieve you from your requirement to report all income and to pay taxes on this income.