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

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

Can I deduct my 480.7A from a home that I have in Puerto Rico?

 
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.

2 Replies
Fern
New Member

Can I deduct my 480.7A from a home that I have in Puerto Rico?

Yes, you can include the amounts from a 480.7A as mortgage interest. Enter the lender name and the amount of interest paid in Box 1 on the 1098 input screen.

Select Federal Taxes
Select Deductions and Credits
Scroll down and select Show More at Your Home
Select Start or Revisit at Mortgage Interest, Refinancing and Insurance
bibi23465
New Member

Can I deduct my 480.7A from a home that I have in Puerto Rico?

What if I moved mid year, should I split the 480.7A between PR and fed return?
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies