Solved
Last year I purchased a manufactured home on a lot, but paid in full without a loan or mortgage. Do I qualify any kind of tax break? I'm a first time homeowner.
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You could deduct property taxes if you paid them and sales tax as itemized deductions on Schedule A if you have enough to itemize. The standard deduction has been greatly increased for 2018.
Property Tax
Enter them in the Deductions & Credits section:
- Open (continue) your tax
return.
(To do this, sign in to TurboTax and click the Take me to my return button.) - In the search box, search for "real estate taxes" and then click the "Jump to" link in the search results.
- Answer Yes to the question Did you pay property or real estate taxes in 2017?
- Enter your property/real estate taxes on the next screen.
Sales Tax
Common major purchases include:
- Vehicles
- Off-road vehicle
- Aircraft
- Boats
- Mobile homes
- Manufactured housing
- Building materials for major home improvements
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