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January 27, 2025
Question

Rent paid to parents

  • January 27, 2025
  • 1 reply
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My son who is 20 lives with his father and pays him $250 a month for "rent". He has the $250 taken out of his checking account payable to his father every month.  His father owns his home. On the state form it asks if you rent or owned your home. Can he mark yes and claim the rent he paid his dad. 

    1 reply

    Employee
    January 27, 2025

    No.   That is simply family cost sharing and is not entered on a  tax return.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**