Unfortunately,
personal rent is not deductible.
The IRS won't let you deduct rent for
your personal residence. However, rental expenses for your business as well as expenses related to rental property you own are deductible.
A handful of states have some
type of renter's tax credit for a personal residence or apartment. If your
state is one of them, we'll asks rent-related questions when you go through
your state interview.
Follow this link if you'd like
to contact your state directly. If your state offers a
renter's deduction, then the Turbo Tax software will prompt you to enter it.
