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Deductions & credits
The biggest deduction on a home is almost always the mortgage interest paid during the tax year.
If you don't have a mortgage, you won't qualify for that deduction.
You can try to deduct real estate taxes if you paid them in 2017.
To do so,
1. Click Federal on the left-hand side menu.
2. Click Deductions & Credits across the top.
3. Scroll down to Your Home and click Show more.
4. Click Start or Revisit by Property (Real Estate) Taxes.
You may also have costs that you can deduct from your HUD statement.
This link will give you all the information you need to get all your costs.
‎June 6, 2019
9:12 AM