turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

phrame51
New Member

Last year I purchased a manufactured home on a lot, but paid in full without a loan or mortgage. Do I qualify any kind of tax break? I'm a first time homeowner.

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Coleen3
Intuit Alumni

Last year I purchased a manufactured home on a lot, but paid in full without a loan or mortgage. Do I qualify any kind of tax break? I'm a first time homeowner.

You could deduct property taxes if you paid them and sales tax as itemized deductions on Schedule A if you have enough to itemize. The standard deduction has been greatly increased for 2018.

Property Tax

Enter them in the Deductions & Credits section:

  1. Open (continue) your tax return.
     (To do this, sign in to TurboTax and click the Take me to my return button.)
  2. In the search box, search for "real estate taxes" and then click the "Jump to" link in the search results.
  3. Answer Yes to the question Did you pay property or real estate taxes in 2017?
  4. Enter your property/real estate taxes on the next screen.

Sales Tax

Common major purchases include:

  • Vehicles
  • Off-road vehicle
  • Aircraft
  • Boats
  • Mobile homes
  • Manufactured housing
  • Building materials for major home improvements

View solution in original post

1 Reply
Coleen3
Intuit Alumni

Last year I purchased a manufactured home on a lot, but paid in full without a loan or mortgage. Do I qualify any kind of tax break? I'm a first time homeowner.

You could deduct property taxes if you paid them and sales tax as itemized deductions on Schedule A if you have enough to itemize. The standard deduction has been greatly increased for 2018.

Property Tax

Enter them in the Deductions & Credits section:

  1. Open (continue) your tax return.
     (To do this, sign in to TurboTax and click the Take me to my return button.)
  2. In the search box, search for "real estate taxes" and then click the "Jump to" link in the search results.
  3. Answer Yes to the question Did you pay property or real estate taxes in 2017?
  4. Enter your property/real estate taxes on the next screen.

Sales Tax

Common major purchases include:

  • Vehicles
  • Off-road vehicle
  • Aircraft
  • Boats
  • Mobile homes
  • Manufactured housing
  • Building materials for major home improvements

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies