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I bought first home in september 2016 how do I claim rent paid to a landlord and what I have paid so far on home in 2016?

It is not giving me rental info only mortgage info? Please help
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1 Best answer

Accepted Solutions
MargaretL
Expert Alumni

I bought first home in september 2016 how do I claim rent paid to a landlord and what I have paid so far on home in 2016?

Rent expense that you paid to your landlord is not tax deductible for federal tax purposes. Some states give you a credit for rent paid, be sure to go through the state questions; if your state offers it, you will be asked about it.

To deduct mortgage interest (not principal) real estate taxes on your home, please visit Deductions & Credits section:

  1. Federal Taxes
  2. Deductions & Credits
  3. Your Home - you will see Mortgage Interest and Property Taxes sections

Note:  The Rental Section in the TurboTax Premier is for individuals who receive rental income. 

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1 Reply
MargaretL
Expert Alumni

I bought first home in september 2016 how do I claim rent paid to a landlord and what I have paid so far on home in 2016?

Rent expense that you paid to your landlord is not tax deductible for federal tax purposes. Some states give you a credit for rent paid, be sure to go through the state questions; if your state offers it, you will be asked about it.

To deduct mortgage interest (not principal) real estate taxes on your home, please visit Deductions & Credits section:

  1. Federal Taxes
  2. Deductions & Credits
  3. Your Home - you will see Mortgage Interest and Property Taxes sections

Note:  The Rental Section in the TurboTax Premier is for individuals who receive rental income. 

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