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bigredtree
New Member

I own a home out of state. Can I claim that interest on my taxes?

 
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ColeenD3
Expert Alumni

I own a home out of state. Can I claim that interest on my taxes?

Yes. You can claim both mortgage interests and property taxes on your federal return and include each on the state return to which they belong.

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pattif12
Expert Alumni

I own a home out of state. Can I claim that interest on my taxes?

It depends, some states offer a renters credit on the state return. Here  is some information about the different state offerings for renters.

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3 Replies
ColeenD3
Expert Alumni

I own a home out of state. Can I claim that interest on my taxes?

Yes. You can claim both mortgage interests and property taxes on your federal return and include each on the state return to which they belong.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

bigredtree
New Member

I own a home out of state. Can I claim that interest on my taxes?

Thank  you. I only rent in the state I currently live in, are there any deductions for that?

pattif12
Expert Alumni

I own a home out of state. Can I claim that interest on my taxes?

It depends, some states offer a renters credit on the state return. Here  is some information about the different state offerings for renters.

View solution in original post

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