Question

What documentation do I need when renting office space as a contractor?

Forum|Forum|3 years ago
July 21, 2022
1 reply
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I'm thinking of renting space for an office and am wondering what kind of tax documents I'll need to gather from the landlord at the end of the year?

A

AHMiah1

When claiming business expenses on your return you should always have proof that you had incurred these expenses. In your situation, I would recommend that you should have a copy of your lease and proof of my payment, like receipts or bank statements, for the rent. If you'd like to know more about tax deductions available for self-employed people, here is a link to a great TurboTax article.

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