Legal Question in Tax Law in Massachusetts
I moved out of my private home and began renting in September of last year. I paid first, last and security and the last 3 months of 2011. Can I claim the rent on my taxes...not sure as I have not rented before.
Asked on 2/06/12, 9:42 pm
1 Answer from Attorneys
As a general rule you can not deduct your rent on your home for tax purposes. MA does, I believe have a limited deduction or credit for renters. To the extent you use your home as an office for business an it qualifies for a home office deduction (see the rules), you can take a partial deduction for your rent and utilities.
Answered on 2/07/12, 9:08 am
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