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Level 1
posted Feb 8, 2025 5:48:24 PM

Handling Mortgage Interest when Moving from One State to Another

I lived in Wisconsin half the year and California the other half. I sold my home in Wisconsin before moving and purchased a home in California before the end of the year. Both homes were my sole/primary residence. My federal form includes the combined mortgage interest I paid in both states. Do I have to split out my mortgage interest on my state taxes or does Turbo Tax account for that based on the information from my 1098?

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1 Best answer
Expert Alumni
Feb 9, 2025 4:14:53 PM

TurboTax will NOT know which 1098 went to which property in the two states. 

 

You will need to allocate.

1 Replies
Expert Alumni
Feb 9, 2025 4:14:53 PM

TurboTax will NOT know which 1098 went to which property in the two states. 

 

You will need to allocate.