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form to use for tax return part time landlord

riclad · 2016-09-11 15:42:24

My friend works in a company office full time 9-5 ,pays paye and usc . Her last 5 tax returns have been made on form 12, her mortgage is 150k, rental income is 6k, should she use form 11 or form 12 for this years tax return. She sends in tax return by post for the past 6 years. I helped her fill in form 11 , i,m just…

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11-09-2016 4:42pm

#1

riclad

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Join Date: November 2011

Posts: 8027

My friend works in a company office full time 9-5 ,pays paye and usc .
Her last 5 tax returns have been made on form 12,
her mortgage is 150k,
rental income is 6k,
should she use form 11 or form 12 for this years tax return.
She sends in tax return by post for the past 6 years.
I helped her fill in form 11 ,
i,m just wondering should i just start over ,and just help her to fill in form 12.

Since form 12 goes to limerick tax office ,form 12 goes to another tax office,
in a different county .
her profit after tax allowances is zero.
ie she will not be liable for any tax on rental income for tax year 2015.
Her tax allowance,s are 6,400 for 2015.
i,m concerned re Is there a rule if your investment income is over 5k ?
You may need to use the ROS online self assessment tax form .

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#2 11-09-2016 6:40pm
athtrasna

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Join Date: June 2005

Posts: 11353

Try the taxation forum.

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