- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Part-year resident and mortgage interest paid on house from another state
I am filing part-year resident State Return with Virginia. I have a rental home in Virginia that was rented all year. That one is good. I have a second home in Florida that I pay interest and property taxes on.
1) Can I claim any of the interest and taxes from the Florida home on my Virginia Taxes? (claimed on my federal return)
2) Also, as a part-year resident and if I am allowed to deduct interest and taxes from the Florida home, do I prorate the amounts based on when I became a Virginia resident or use the entire amount?
Thank you.
D
January 27, 2021
12:25 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
State tax filing
No. Whatever took place in VA belongs on a VA return. Your interest and property taxes from FL, while being acceptable on the Federal return, do not apply for VA at all.
January 27, 2021
1:29 PM
180 Views