Can I claim home repair expenses, what form should i fill?

Answer 1

There's no deduction for this. However, when you sell your home, you will add these expenses to the basis of your home and calculate your gain/loss after that.

Answer 2

You can claim repair expenses for a house ONLY if you are renting it. That expense will help to offset the rental income.

If you are asking about your principal residence, the answer is NO. Not for repair. Not for maintenance ( like a new roof )

However, if you make improvements to your home, such as an extra bathroom, or add a garage, etc you can add the expense to the COST BASIS of your home.

because the capital gains exemption on a residence occupied for at least 2 of the past 5 years is $250K for single, $500K for married, you'll likely not see any money coming your way from these improvements - unless your Capital Gain exceeds the limits ( not many folks are this fortunate ).

Answer 3

Repairs aren't deductible, and don't add to the basis when you sell your house either - they're just normal living expenses to you, and have nothing to do with your taxes. Improvements (like maybe adding on a room) are added to your basis at selling time.

There are a few items like insulation and replacement windows that can qualify for residential energy credits, and that would come off your current tax bill - see IRS Publication 17, chapter 37.