I moved from NC to CA and owned a first home(resident) in CA. Can the mortagage interest be deducted from taxable income in both CA and NC state income taxes?
02392
2 Replies
JulieR
Expert Alumni
Jun 4, 2019 2:33:17 PM
The way it works is that you report the full mortgage interest on your Federal return. Since you lived in both North Carolina and California, you will be filing Part-Year returns for each of those states. The following article explains how TurboTax will apportions your income and deductions to each state. Multiple States Returns
abc_123
New Member
Jun 4, 2019 2:33:19 PM
Yes part year is understood but my question is if the mortagage interest i paid for property owned in CA can be deducted from NC state taxable income as well or not?