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AGENDA ITEM #1R1440 Meeting 1411 June 12, 2014, To:Board of Directors Open Space AuthorityFrom:Andrea Mackenzie, General Manager Administration & Budget CommitteeSUBJECT Public Hearing and Presentation

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What is r-14-40?

R-14-40 is a tax form used to report income from rental properties.

Who is required to file r-14-40?

Individuals or businesses who earn income from rental properties are required to file r-14-40.

How to fill out r-14-40?

R-14-40 can be filled out by providing details of rental income, expenses, and deductions related to the rental property.

What is the purpose of r-14-40?

The purpose of r-14-40 is to report rental income and expenses to the tax authorities for tax assessment.

What information must be reported on r-14-40?

Information such as rental income, expenses, depreciation, and rental property details must be reported on r-14-40.

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