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What is the definition of a principal residence? I moved halfway through the year (July). Can I count my new home as my principal residence?

 
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3 Replies

What is the definition of a principal residence? I moved halfway through the year (July). Can I count my new home as my principal residence?

For what exact purpose are you asking?  

What is the definition of a principal residence? I moved halfway through the year (July). Can I count my new home as my principal residence?

I think I got it.  In the section on property taxes, TurboTax asked if Illinois was my principal residence in 2019. Thanks!

What is the definition of a principal residence? I moved halfway through the year (July). Can I count my new home as my principal residence?

Your principal residence is the home you return to when you have been "away".

That determines your domicile.

 

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