104660
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I am in Kentucky

I am a new home owner is there any special deductions for that
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
DanielV01
Expert Alumni

I am in Kentucky

Yes there are.  Kentucky allows for itemized deductions.  Some of these deductions include home mortgage interest, real estate taxes, car tags, charitable donations, certain medical expenses, and certain business expenses to name a few.  I don’t know what your Federal filing status is, but even if it was single you need to have at least $6300 worth of deductions before it has an impact on your Federal return.  (The amounts are higher if you file as Head of Household or Married Filing Joint).  For Kentucky, however, the standard deduction is much lower, 2460.  So it is possible that even if you don’t have enough to itemize for your Federal Return, you can for Kentucky.  See this FAQ:  https://ttlc.intuit.com/replies/3300919

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question