Tax credit for living in rental home

ngl645 · ‎May 31, 2019

ChristinaS · ‎May 31, 2019

There is NO federal tax credit or deduction relating to renting your home. However, your State may offer a benefit for this rent.

Any tax benefit for renting would be addressed in the interview process for your state- under State Taxes. For most states that offer a benefit, the question about renting is prominent in the state interview of Turbo Tax.

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ChristinaS · ‎May 31, 2019

There is NO federal tax credit or deduction relating to renting your home. However, your State may offer a benefit for this rent.

Any tax benefit for renting would be addressed in the interview process for your state- under State Taxes. For most states that offer a benefit, the question about renting is prominent in the state interview of Turbo Tax.