Real Estate Tax Deduction PDF Details

The real estate tax deduction form can be a valuable tool when filing your taxes. This form allows you to deduct the amount of property taxes that you have paid during the year. It is important to note that there are certain requirements that must be met in order to qualify for this deduction. For example, you must file Form 1040 and itemize your deductions on Schedule A. Additionally, only property taxes that have been assessed by a state or local government can be deducted. You should also keep in mind that the amount of your deduction may be limited if you are married and file a joint return. For more information on the real estate tax deduction, please consult with a professional accountant or tax preparer.

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QuestionAnswer
Form NameReal Estate Tax Deduction
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesrealtor expenses spreadsheet fillable, realtor expenses spreadsheet, real estate tax deduction worksheet, real estate agent tax deductions worksheet excel

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Realtors Tax Deduction Worksheet

Due to the overwhelming response to last month’s Realtor “tax tip” article, Daszkal Bolton LLP has created this Realtors’ Tax Deduction Worksheet to assist our clients in becoming more organized for taking advantage of tax deductible business expenses. Remember, in order for an expense to be deductible, it must be considered an ''ordinary and necessary'' business expense. You may include other applicable expenses, but they must be directly related to the operation of your real estate business. Do not include expenses which are reimbursable, for which you have been reimbursed, or expect to be reimbursed. If you have any questions or need specific advice on a particular Real Estate issue, please contact JEFF BOLTON, CPA at 561-367-1040.

Supplies & Expenses

Advertising, Signs, Flag & Banners Appraisal Fees

Attorney Fees

Bank Charges

Business Meals (100% of expense) Business Cards

Clerical Service

Computer Software

Computer Supplies Courier Service Entertainment (100% of expense) Equipment Repair

FAX Supplies

Gifts & Flowers

Greeting Cards

Legal & Professional Services

Lockboxes, Keys & Locksmith

Map Book

Mulitple Listing Service

Office Expenses

Open House Expenses

Photocopy Expenses

Postage

Rent

Repairs to Sell Listed Property

Shipping

Stationary

Other:

Notes:

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Professional Fees & Dues

Association Dues

$

 

 

Licesnse

$

 

 

Chamber of Commerce

$

Realty Board

$

 

 

Other:

$

Notes:

 

Out-of-Town Travel

 

 

 

Airfare

$

 

 

 

Public Transportation

$

 

Car Rental

$

 

 

 

Lodging

$

 

Meals

$

 

 

 

Parking

$

Taxi

$

 

 

 

Telephone Calls

$

 

Other:

$

 

 

 

Notes:

 

 

 

 

 

Continuing Education

 

Correspondence Course Fees

$

 

 

 

Course Registration

$

Materials & Supplies

$

 

 

 

Photocopy Expenses

$

 

Reference Materials

$

 

 

 

Seminar Fees

$

 

Text Books

$

 

 

 

Other:

$

Notes:

 

 

 

Telephone Expenses

Cellular Calls

Fax Transmissions

Paging Service

Other:

Notes:

Auto Travel

Continuing Education (mi)

Escrow & Loan Office (mi)

Out-of-Town Business Trips (mi)

Client Meetings (mi)

Showing Properties (mi)

Parking Fees ($)

Tolls ($)

Other:

Notes:

Equipment Purchases

Calculator

Copy Machine

Fax Machine

Pager

Telephone

Computer Equipment

Camera

Recorder

Other:

Notes:

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

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