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Can rent be claimed as a deduction if I also own a home?

I am a resident of Indiana, where my wife and I own a home (for 12 years).  I work in Illinois (Chicago) and spend the majority of my time there throughout the year.  I have an apartment there for this purpose.  We pay mortgage interest and property tax on the home, as it is my (our) "primary" residence.  Is there any way for me to claim the rent I pay in Illinois as a deduction on either the Federal form or one of the state forms I have to file (Indiana or Illinois)?

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CesarJ
Expert Alumni

Can rent be claimed as a deduction if I also own a home?

 No, you aren't eligible for rental credits or deductions in Illinois and Indiana. These benefits are only offered for a primary residence, and since your primary residence is the home on which you pay a mortgage, you do not qualify.


 

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2 Replies
CesarJ
Expert Alumni

Can rent be claimed as a deduction if I also own a home?

 No, you aren't eligible for rental credits or deductions in Illinois and Indiana. These benefits are only offered for a primary residence, and since your primary residence is the home on which you pay a mortgage, you do not qualify.


 

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Can rent be claimed as a deduction if I also own a home?

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