DianeC958
Expert Alumni

Deductions & credits

There are no credits on the Federal return for time you rented a home.

 

Some states do offer a small credit for renting if your fit the criteria.  This credit would be in your state section,

 

The only items you can deduct for owning a home is the property taxes paid, mortgage interest paid, and mortgage insurance paid.

 

Link to Tax Aspects of Owning a Home

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"