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.
You will find information about the type of form you would like to fill out in the table. It can show you how much time you will need to fill out real estate tax deduction, what fields you will need to fill in, etc.
| Question | Answer |
|---|---|
| Form Name | Real Estate Tax Deduction |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | realtor expenses spreadsheet fillable, realtor expenses spreadsheet, real estate tax deduction worksheet, real estate agent tax deductions worksheet excel |
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
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: |
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Airfare |
$ |
|
|
|
|
Public Transportation |
$ |
|
|
Car Rental |
$ |
|
|
|
|
Lodging |
$ |
|
|
Meals |
$ |
|
|
|
|
Parking |
$ |
Taxi |
$ |
|
|
|
|
Telephone Calls |
$ |
|
|
Other: |
$ |
|
|
|
|
Notes: |
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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)
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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