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Deductions & credits
On a California part-year resident return, you allocate all income and deductions that are atrributable to California-sourced income, and all world-wide income and deductions for the days you were a California resident. So Turbotax is correct, if you paid 1-2 months of mortgage interest on a out of state property while you were still a California resident, that allocable interest is deductible on your California part-year return.
‎August 20, 2024
10:42 AM