DawnC
Expert Alumni

Investors & landlords

No.  Personal rent is not deductible on your federal tax return.   However, depending upon the state you reside in, there may be a renter's credit available.   Any renter' credit would be entered when you go through your state return, but there is no place to deduct rent on your federal return (Form 1040).  

 

 

Click this link to check with your State Dept. of Revenue for verification. 

@MgMaturino

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