When you live in a condominium, you pay assessments which your board budgets each year to pay operational expenses for the community.
These expenses are not typically tax deductible by an owner who occupies a unit. In your state, in your tax situation, best practices dictate that you consult with your tax attorney to identify whether or not assessments are deductible from your tax bill.
Optional fees, such as amenities-use fees may be treated differently by your tax adviser in your situation, especially if you pay the fees for the benefit of a tenant and your condominium is an investment and not your home.
In Australia, Private school fees are not tax deductible.
Yes
Yes.
No, for several reasons...the only reason the Assoc fees are deductible is because they are actually paid as a tax to a tax authority....the penalty is not. Just about anything that is a penalty of any type is NOT deductible. Getting a benefit from paying a penalty (doing a bad thing) is against public policy.
Yes, au pair agency fees and stipend paid to au pairs can be claimed on US tax forms as child care tax credit.
In Australia, Private school fees are not tax deductible.
Homeowner association fees are NOT deductible on the individual taxpayers 1040 income tax return.
Yes, vehicle registration fees are tax deductible as they are considered a tax on personal property. However if the car was made before 1984, the registration fees may not be deductible.
No
Yes
No
Yes.
No, adoption fees or donations made to adopt any pet from a shelter is not tax deductible. But if you make a donation beyond the standard fee that is tax deductible if the shelter is a tax exempt entity. This means they need to be a 501(c)(3) organization and filed with the IRS.
no you have to claim it as income
Registration fees are only deductible when based on the value of the vehicle. KS registration is a set amount bsaed on the weight so they are not deductible. Your Property Taxes (paid at the same time) are deductible.
No unless its associated with some charity, you will be liable to pay the taxes.
Not usually. Your monthly assessments -- fees, you write -- pay to operate the community and save money for major repairs.