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The license renewal fee is $45 and may be paid online using Visa, MasterCard or Discover Card.
CAN YOU DEDUCT YOUR NC REAL ESTATE LICENSE RENEWAL ON TAXES LICENSE NUMBER
Please reference your license number on your check. Your PIN has been set as the last four digits of your Social Security number unless you have changed it or 2) return the blue and white postcard with your check so that it reaches the Commission office prior to the June 30 deadline. There are two ways to renew your license: 1) for the most efficient way, go to the Commission’s Web site on or after May 15 and log into your record using your personal identification number (PIN). Reminder notices from the Real Estate Commission to renew your real estate license will reach you one of two ways: (1) if you elected to receive your Real Estate Bulletin by email, please look in your email “inbox” for your reminder or (2) if you are not receiving your Bulletin electronically, please look for it in your postal mailbox. It benefits you to act immediately when you receive your reminder to avoid a change in your license status on July 1. Simply go to and log into your record to complete the renewal process.
Local Rules for the North Carolina Real Estate Commission. Commission Guidelines and Other Information. NCAR Residential Property Management Legal Handbook. Commercial Property Management Guides/Other Resources. Rosters of Exam Candidates and New Licensees. License Examination Performance by Education Provider. However, certain taxpayers may still deduct unreimbursed employee travel expenses, this includes Armed Forces reservists, qualified performing artists, and fee-basis state or local government officials. The Tax Cuts and Jobs Act suspended miscellaneous itemized deductions subject to the 2% floor. This is for tax years after December 2017.
Employees can’t deduct this cost even if their employer doesn’t reimburse the employee for using their own car. EmployeesĮmployees who use their car for work can no longer take an employee business expense deduction as part of their miscellaneous itemized deductions reported on Schedule A. There are recordkeeping requirements for both methods.
The standard mileage rate for 2018 is 54.5 cents per mile. Taxpayers who want to use the standard mileage rate for a car they lease must use it for the entire lease period. Taxpayers who want to use the standard mileage rate for a car they own must choose to use this method in the first year the car is available for use in their business. There are two methods for figuring car expenses: The deduction is based on the portion of mileage used for business. If a taxpayer uses the car for both business and personal purposes, the expenses must be split. Individuals who own a business or are self-employed and use their vehicle for business may deduct car expenses on their tax return. Business owners and self-employed individuals Here’s a breakdown of which taxpayers can claim this deduction when they file their tax returns. Taxpayers who have deducted the business use of their car on past tax returns should review whether or not they can still claim this deduction.