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Returning Member
posted May 31, 2019 6:01:16 PM

Purchase of house

i purchased a house in October 2016 paid cash and is currently being updated.  I am still living in another home and probably will until after the new year.  How do file my taxes for 2016, do i use my old address or new address?  Am i offered any tax benefits?  any help would be useful.  i am single and head of household

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1 Best answer
Level 15
May 31, 2019 6:01:18 PM

You use the address of wherever you are living at the time you file the return.

3 Replies
Level 15
May 31, 2019 6:01:18 PM

You use the address of wherever you are living at the time you file the return.

Level 15
May 31, 2019 6:01:20 PM

Or the address where you want any letters from the IRS to go to.

If you have enough itemized deductions (more than the Standard Deduction 9,300 for HOH) you can deduct any property tax and mortgage interest you paid in 2016.  Do you own the other home?

Returning Member
May 31, 2019 6:01:20 PM

no i do not own the other home, i paid cash for the new one so there is no mortgage