- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
The renter's deduction allows you to claim a certain amount of the rent you were legally obligated to pay during 2018. This deduction will lower your state taxable income and increase your refund amount. If the state you live in offers a renter's deduction, then TurboTax will prompt you to enter your rent information during the state interview.
June 5, 2019
11:18 PM