Vanessa A
Expert Alumni

Deductions & credits

It depends why you are asking and where you see this question. 

 

Technically, you transferred ownership of your home to the trust, so no.

 

But, if you are trying to itemize your return for federal purposes and want to know if you can claim mortgage interest and property taxes, then the answer would depend on if you are obligated to pay them and if you paid them.  If the answer to both of those questions are yes.  If the trust pays the mortgage or taxes, then you would answer no.  

 

If this question is in your state return, the answer would depend on the state and the purpose. 

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