Get And Sign Ptax 342 R 2018-2019 Form

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Instructions and Help about Get And Sign Ptax 342 R 2018-2019 Form

hi everyone and Happy New Year this is Shahid a hill of maximum one realty Atlanta today we're talking about homestead exemption now I'm doing this video for the new year because it's 2019 a lot of people including my clients have purchased homes in 2018 and now it's a time to apply for the homestead exemption to make sure they get it in in time for it to affect their 2019 property taxes so what is a homestead exemption it's basically an exemption that the state and the county gives you that reduces your property tax liability so instead of them assessing your house at maybe a hundred thousand they may assess it at ninety thousand because you've declared declared your home as your homestead that's why it's called a homestead exemption it's pretty much your primary residence you cannot get a home homestead exemption on rental properties or investment properties but check with your local county just to double-check but for the most part that you only can get the homestead exemption on yo

FAQ

• Which ITR form should an NRI fill out for AY 2018–2019 to claim the TDS deducted by banks only?

  ITR form required to be submitted depends upon nature of income. As a NRI shall generally have income from other sources like interest, rental income therefore s/he should file ITR 2.

• Which ITR form should an NRI fill out for AY 2018–2019 for salary income?

  File ITR 2 and for taking credit of foreign taxes fill form 67 before filling ITR.For specific clarifications / legal advice feel free to write to dsssvtax[at]gmail or call/WhatsApp: 9052535440.

• Can I fill the form for the SSC CGL 2018 which will be held in June 2019 and when will the form for 2019 come out?

  No, you can’t fill the form for SSC CGL 2018 as application process has been long over.SSC CGL 2019 : No concrete information at this time. Some update should come by August-September 2019.Like Exambay on facebook for all latest updates on SSC CGL 2018 , SSC CGL 2019 and other upcoming exams

• Which ITR form should an NRI fill out for AY 2018–2019 if there are two rental incomes in India other than that from interests?

  Choosing Correct Income Tax form is the important aspect of filling Income tax return.Lets us discuss it one by one.ITR -1 —— Mainly used for salary income , other source income, one house property income ( upto Rs. 50 Lakhs ) for Individual Resident Assessees only.ITR-2 —- For Salary Income , Other source income ( exceeding Rs. 50 lakhs) house property income from more than one house and Capital Gains / Loss Income for Individual Resident or Non- Resident Assessees and HUF Assessees only.ITR 3— Income from Business or profession Together with any other income such as Salary Income, Other sources, Capital Gains , House property ( Business/ Profession income is must for filling this form) . For individual and HUF Assessees OnlySo in case NRI Assessees having rental income from two house property , then ITR need to be filed in Form ITR 2.For Detail understanding please refer to my video link.

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