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sgedward365
Returning Member

New jersey included 18% property tax in rent payment. As a tenant, can I claim the property tax portion under federal itemize deduction?

 
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2 Replies
gloriah5200
Expert Alumni

New jersey included 18% property tax in rent payment. As a tenant, can I claim the property tax portion under federal itemize deduction?

The deductible property tax for your federal tax return as an itemized deduction is only on property that you own.  The property taxes paid on rental property is deductible by the owner of the property for federal tax purposes, not the tenant or renter.

 

For additional information, please refer to the following link:

Deduction for property taxes on property you own

New jersey included 18% property tax in rent payment. As a tenant, can I claim the property tax portion under federal itemize deduction?

What you can do in NJ is claim your rent on your state return.

 

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.

 

 

https://www.rent.com/blog/states-with-a-renters-tax-credit/

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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