Do I have to pay tax on historic preservation grants?
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| No, you don't have to
pay tax to the IRS on historic preservation grants. If you received a
historic preservation grant on or after December 12, 1980 under the National
Historic Preservation Act to preserve a historically significant property do not include
it on your tax return. |
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Related tax
information about historic preservation grants |
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| Income Related Questions and Answers |
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IRS publications about
historic preservation grants:
For further information about historic preservation grants see
IRS Publication 17, Your
Federal Income Tax. |
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Ask Julian Block your IRS and tax questions! |
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If you can't find the answer to your IRS or tax question in our
web you can call former IRS Special Agent and one of the country's foremost tax attorneys, nationally syndicated columnist ("The Tax
Adviser") Julian Block. Julian is also the tax Editor of Mutual Funds Magazine, America's premier investment magazine. To
call Julian for a tax consultation click
here. |
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