How will the home improvements I made on my home affect my tax situation? This question may cross your mind as you prepare for tax season. Or perhaps it was something you had thought about even before starting plans to make over parts of your house. The answer to this question isn’t straightforward and will vary according to each homeowner. But here, we will provide some insight into this subject so that you can prepare for tax season proactively.
维修与改进
在收集您最近对房屋进行的最新更新的收据之前，您必须确定您是否已进行了维修或改进。HomeHome维修通常是您对将项目还原到其原始状态的修复。例如，如果您的管道工作不正常，并且您对其进行了修补，那就是维修。此外，如果您的窗台被打破并更换它，则只是修复。
另一方面，改进是为了为您的房屋增加价值而进行的更改。HomeHome例如，对未完成的阁楼空间进行翻新或改建厨房被认为改善了房屋。HomeHome
Why is it important to know the difference? Because if you are seeking tax deductions, repairs aren’t deductible, but improvements are. Therefore, before making changes to your home, it is a good idea to know if your change qualifies as an improvement for tax purposes.
税收抵免税与税收抵免
As you are preparing to file your taxes this year, another important distinction you’ll need to keep in mind is the difference between tax deductions and tax credits. Although some people use these terms interchangeably, a tax deduction and a tax credit aren’t the same. According to theIRS，这是区别。
- 扣除额在计算欠税之前降低收入
- Credits reduce the tax you owe and may give you a refund, even if you don’t owe taxes
出售房屋时的税收减免HomeHome
您可能想知道，您是否可以在对房屋进行的重大升级上恢复任何钱。HomeHome答案是肯定的，但是除非您决定出售房屋并成功地做到这一点，否则才能扣除。HomeHome保留多年来您对房屋的所有改进的完美记录，将使您减少应税资本收益。HomeHome
节能升级
多亏了2022年的减少通货膨胀法，if you decide to make changes to your home to improve its energy efficiency, chances are you will qualify for tax credits (which work differently than a deduction) within the next tax year. For instance, the federal government offers afederal solar tax credit对于那些想从传统电力转向太阳能的人。对于对安HomeHome装太阳能电池板不感兴趣并使用太阳能不感兴趣的房主，还有其他激励措施可用于交换能量星级式的窗户和外墙，HVAC，地热泵等。bob体育app苹果下载IRS网站涵盖了这些烯rgy incentivesin more detail.
HomeHome医疗护理的家庭装修
Another tax deduction you may qualify for could be home improvements you make for medical reasons. If you are suffering from a long-term illness or have a需要您修改房屋的残疾HomeHometo get around without trouble, you could qualify. Home improvements for medical purposes are tax deductible once they exceed 7.5 percent of your adjusted gross income.
请记住，这些类型的修正案一定不improve the value of your home to be fully deductible. In other words, things like installing ramps, altering cabinet heights, adding railings, or modifying doorways and stairways are improvements you may need to make a home more accessible out of medical necessity so they can be deducted during tax season. But any change that is purely aesthetic or structural does not qualify. You can also claim this deduction if you have a spouse or dependent who is aging or has a disease that makes it difficult for them to walk or perform regular movements.
Home Office Upgrades
Another way you can get a tax deduction for improvements you make to your home is if you use a portion of the house to operate a legitimate business. If you decide to improve your office or workspace, you can deduct 100 percent of the costs.
If you run a business from your home and make a whole-house improvement that is not normally tax deductible, you can claim part of that improvement in your home office depreciable expense. For instance, you can deduct six percent if you make home improvements such as HVAC or roof replacement to a 3,000-square-foot home, and 500 square feet is dedicated office space.
FAQs
在税收和家庭改善方面，还有哪些其他事情要记住？HomeHome这是对常见问题的一些答案。
保存我的收据以进行改进是个好主意吗？
是的，多年来，您可以升级房屋时保存所有收据是很明智的。当您出售房屋时，您可能可以在即将到来的税务季节中恢复其中的一些。但是您必须有证据节省您的改建. Since some receipts can fade over time, it is also a good idea to digitally scan or photocopy these items and store them in a fire- and water-proof safe.
如果我收到租金收入，是否有任何税收减免？
Yes. Some tax deductions are available if you are receiving rental income from properties you are renting. Some items that may count are depreciation on the rental, property taxes, insurance on the rental, and some utilities. Since rental income can be classified as self-employment, you can also take deductions. For more information about this issue, visit国税局website.
如果我是房屋脚步，我可以扣除税收吗？
Not all house-flipping expenses are tax deductible, and just like any homeowner, you will have to wait until you sell to recuperate any money. Since house flipping can be a home business, there are some deductions you can take based on being self-employed. Some other items you can deduct include taxes, interests, closing costs, sales commission, renovation costs, and mileage on your car related to flipping the house.