Purchased Home in another state and before residency...How do you handle mortgage interest for part year resident?
Hi all,
I was renting in NYC, bought a home in VA in April, but didn't leave NYC until June. Do I need to claim a portion of the mortgage interest on my NY State filing for the April-June period?
Thanks!
01228
1 Replies
DianeW777
Expert Alumni
Apr 17, 2023 6:51:07 AM
It depends. You can include a portion of your home mortgage interest during your New York (NY) residency period, if you choose to do that and you choose to itemize on your NY income tax return.