which form does the landlord have to fill out for renters for taxes???

Question

Ok, I should clarify this because only a few of you are understanding (and I thank you for those who are!) When one rents an apartment, the landlord usually gives you a form stating how much rent you paid during the year just like one of the people who answered explained. According to the IRS, the landlord is to give this form to then tenant so that when you file taxes, you can see if some of that money comes back (and it usually does for me) Thanks again for the answers.

Answer 1

There is a form you can have the landlord fill out to receive a rental credit you can get it at your local IRS office or any H & R Block. The landlord basically puts down how much you paid and weather or not the heat was included and you get a small deduction, but if you made too much you will not qualify for the deduction. Hope this helps!

Answer 2

If you are renting a residence, there are no tax issues to the renter so there is nothing for the landlord to report to his/her tenant. The landlord has to do their income tax return but they have nothing to prepare and give to their tenant.

Same holds true for commercial with one slight twist. The tenant, being a business, may owe the landlord a 1099.

(The above assumes this is a question in the US. It also assumes we are talking about federal income taxes because the poster did not mention anything state related. For whomever to give a number of us a thumbs down when we answered what we could based solely on what was provided is a bit unfair. The form referred to above is for Minnesota. How the heck am I supposed to know they are asking a Minnesota question or some other state specific question if the poster does not ask that???)

I reviewed your sole answer out there to someone else's question. You apparently keep talking about MINNESOTA, not federal tax law. You mention "CRP" forms and the like. In all the years I have been involved in federal taxation, I am unaware of any rebate, credit or other benefit given to those who rent their personal residence. No one has mentioned a federal form other than some vague reference to the IRS. I still do not think there is such an animal and you are equating a MINNESOTA program with the IRS (federal)!!!

Answer 3

Rent is not deductible for federal purposes, unless for a business. Some states do allow a refund of the property taxes the owner of the apartment paid that are attributable to the apartment rented. I rec'd such a refund in Minnesota many years ago. However, this is not the norm and each state that allows the refund has a different form.

Answer 4

I don't think that you're talking about anything to do with federal income taxes. Many states have a rent rebate program, which gives a partial rebate on rent and/or property taxes. The programs are usually restricted to people with low incomes, senior citizens, or both.

The form depends on the state. Each state makes their own rules, and designs and names their own forms.

Answer 5

In the US there are no forms. Rent is not deductible unless used in the operation of a business.. You can not claim home office expense if you rent.

Answer 6

Landlords do not have to provide any forms to renters.

Answer 7

you may not declare depreciation, because you do not personal the residing house. You, extremely, get to declare area of the employ you paid. So, convinced, you ought to bypass that area. desire that helps. :0)

Answer 8

It is the M1PR form.

Answer 9

none.