Do I have to pay taxes on home improvement work done on my home, such as putting in new steps?

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be7odd asked:


What are the tax rules on paying taxes for home improvement done to your home such as putting in new steps in front of your house?

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Technorati Tags: Home Improvement Work, Pay Taxes, Paying Taxes

This entry was posted on Tuesday, December 30th, 2008 at 7:31 pm and is filed under Other - Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “Do I have to pay taxes on home improvement work done on my home, such as putting in new steps?”

1. hillbilly_coon on December 30th, 2008 at 11:15 pm

   Your property tax might change.

2. armored_dillo on December 31st, 2008 at 9:04 pm

   Not income tax. As stated above, when your property is reassessed, your assessment may increase, and therefore your annual property tax.

3. rojoe_58 on January 3rd, 2009 at 6:50 pm

   only if and when you report the improvements to your tax office…here in state of Ohio they do a tax accessment every year of all properties

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