No, there is no federal tax credit or deduction for renting the home you live in. However, some states do have a renters credit available. You should check with your state tax commission to see if your state offers any type of renters credit.
These states had some type of renters credit in prior years: Vermont, Michigan, Maine, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, Rhode Island, California, Hawaii, Indiana, Iowa, Arizona, Wisconsin, and Connecticut.
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