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Indicates Matter Stricken Indicates New MatterCOMMITTEE REPORT May 20, 2015H.3972Introduced by Reps. Lofts, Burns, Hamilton, Willis, Collins, Cliburn, Robinson Simpson, Bannister, Bedingfield, Gagnon,
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Smith and Spires is a tax form used to report income and expenses from rental properties.
Individuals or entities who own rental properties are required to file Smith and Spires.
Smith and Spires can be filled out by providing information about rental income, expenses, depreciation, and any other relevant financial information related to the rental property.
The purpose of Smith and Spires is to report the financial activity of rental properties to the tax authorities for tax assessment purposes.
The information that must be reported on Smith and Spires includes rental income, expenses, depreciation, and any other relevant financial information related to the rental property.
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