All rental income must be reported on your tax return, and in general the associated expenses can be deducted from your rental income. Learn how to use rent receipts to claim HRA exemptions under income tax rules.Find out the format and details required for submission. This lease contract is made and entered into in accordance with and subject to the provisions of the Texas. No, there are no circumstances where you can deduct rent payments on your tax return. Can renters claim a tax deduction for rent application fees? No, unfortunately you cannot claim a tax deduction for rental application fees. Documentation of Expenses. Rental expenses – Your landlord will submit your lease agreement and rent ledger (i.e.