If I recently purchased a house in a different state while still paying mortgage on the one I still live in, how do I fill them both out on the tax form?

dolphinbiker84 · ‎June 4, 2019

I am paying for two houses at the moment in two different states, and I put the down payment on the second house in 2018. I am unsure of how to put this information into the tax forms.

Vanessa · ‎June 4, 2019

If you paid mortgage interest or property taxes on both homes in 2018 then you will click

Federal (after fully logging into your return)
Deductions and Credits
See list of all tax breaks
Show More next to Your Home
Start next to Mortgage Interest, Refinancing and Insurance (or property taxes)
After entering your first 1098 click Add Another 1098 and enter the mortgage interest for your second home.
For property taxes you will enter the total for your homes combined

If you did not pay property taxes or mortgage interest there are no tax deductions for purchasing a home.

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View solution in original post

Vanessa · ‎June 4, 2019

If you paid mortgage interest or property taxes on both homes in 2018 then you will click

Federal (after fully logging into your return)
Deductions and Credits
See list of all tax breaks
Show More next to Your Home
Start next to Mortgage Interest, Refinancing and Insurance (or property taxes)
After entering your first 1098 click Add Another 1098 and enter the mortgage interest for your second home.
For property taxes you will enter the total for your homes combined

If you did not pay property taxes or mortgage interest there are no tax deductions for purchasing a home.

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

If I recently purchased a house in a different state while still paying mortgage on the one I still live in, how do I fill them both out on the tax form?