1834652
I am filing part-year resident State Return with Virginia. I have a rental home in Virginia that was rented all year. That one is good. I have a second home in Florida that I pay interest and property taxes on.
1) Can I claim any of the interest and taxes from the Florida home on my Virginia Taxes? (claimed on my federal return)
2) Also, as a part-year resident and if I am allowed to deduct interest and taxes from the Florida home, do I prorate the amounts based on when I became a Virginia resident or use the entire amount?
Thank you.
D
You'll need to sign in or create an account to connect with an expert.
No. Whatever took place in VA belongs on a VA return. Your interest and property taxes from FL, while being acceptable on the Federal return, do not apply for VA at all.
No. Whatever took place in VA belongs on a VA return. Your interest and property taxes from FL, while being acceptable on the Federal return, do not apply for VA at all.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
djpmarconi
Level 1
yingmin
Level 1
Kh52
Level 2
realestatedude
Returning Member
ramseym
New Member