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amyhedden
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Can we qualify for renters deduction on top of our home loan if we rented for 7 months while our house was being built

 
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Can we qualify for renters deduction on top of our home loan if we rented for 7 months while our house was being built

There is no renter's deduction or credit on your federal return.  Some states offer a renter's credit; if you live in one of those states the program will ask for your rental info when you do your state return.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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Can we qualify for renters deduction on top of our home loan if we rented for 7 months while our house was being built

There is no renter's deduction or credit on your federal return.  Some states offer a renter's credit; if you live in one of those states the program will ask for your rental info when you do your state return.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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