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New Member
posted Jan 30, 2024 4:31:35 PM

If i move into a apartment for the first time is that considered buying a house

my number is xxxxxxxxxx

0 3 268
1 Best answer
Level 15
Jan 30, 2024 5:33:56 PM

For some state returns you can enter the rent you paid for a renter credit.

 

RENT

There is not a rent deduction or credit on your Federal return.  If your state has anything for renters you will be prompted to enter your rent info when you complete your state return.  As far as I know, the states that have anything for rent are Arizona, California, Connecticut, Hawaii, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, Rhode Island, Vermont, Washington DC, and Wisconsin.

 

3 Replies
Level 15
Jan 30, 2024 4:33:55 PM

No.  Renting an apartment is not owning a home.

Expert Alumni
Jan 30, 2024 4:34:00 PM

No, since you are renting you are not considered to be buying a house.

Level 15
Jan 30, 2024 5:33:56 PM

For some state returns you can enter the rent you paid for a renter credit.

 

RENT

There is not a rent deduction or credit on your Federal return.  If your state has anything for renters you will be prompted to enter your rent info when you complete your state return.  As far as I know, the states that have anything for rent are Arizona, California, Connecticut, Hawaii, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, Rhode Island, Vermont, Washington DC, and Wisconsin.