tax deductions

Chris46
Level 2
Half Moon Bay, CA

tax deductions

Is anyone aware of a change in how tax deductions for household expenses are calculated this year?  My tax person last year said I could deduct the expenses for all the days the house was available for rent, now this year she says the law changed so you can only deduct for the days actually rented.  This slapped me with $22K owed in taxes... blindsided!  Anyone know anything about this?

1 Reply 1
Beverly0
Level 1
Medford, OR

You might ask your tax person again.  Not because they are wrong but it has always been that you could only deduct the days it is rented as far as I know...at least the last two years for sure.