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If my 1098 is for a house I purchased last year in Oregon, should it be a CA deduction?

The 1098 has only the Oregon property listed and I moved mid-year.
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1 Best answer

Accepted Solutions
MaryK4
Employee Tax Expert
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

If my 1098 is for a house I purchased last year in Oregon, should it be a CA deduction?

You can deduct the mortgage interest that you paid while a California resident, regardless of the house's location.  So if you made payments on the Oregon house while you were still a California resident, they are deductible. 

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1 Reply
MaryK4
Employee Tax Expert
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

If my 1098 is for a house I purchased last year in Oregon, should it be a CA deduction?

You can deduct the mortgage interest that you paid while a California resident, regardless of the house's location.  So if you made payments on the Oregon house while you were still a California resident, they are deductible. 

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

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