The rent you paid as a tenant is not
deductible on a Federal tax
return. However, some States have
a renter’s tax credit for a
personal residence or apartment.
If
your State asks rent related questions while
answering the TurboTax State interview questions, it will cover that deduction (New Jersey is one of them, if you meet the requirements). To get to the State's section in TurboTax, complete the following steps below:
-
Sign in to TurboTax (if
you're not already signed in)
- Click on the Take me to
my return button
- Click on the State tab and follow the Interview questions to enter your rent information. (See images below).
Here's a link from NJ Division of Taxation with
more information about Renter's Credit: http://www.state.nj.us/treasury/taxation/njit35.shtml
