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Get your taxes done using TurboTax
Yes, the mortgage interest on your retirement home should be included as an allowable deduction for your NY state income tax. Although NY does not conform with the federal mortgage interest deduction in all ways since the Tax Cuts and Jobs Act, it does not limit the interest deduction based on what state the property is in. For more details, see the NY IT-196 page 2.
‎February 15, 2022
12:02 PM