As someone filing jointly with my wife and taking standard deductions, would I get additional tax rebates if I stayed in a rental house for the whole year?
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No at the Federal level.
Certain states have a renter's tax credit.
Please read this TurboTax Help article for more information.
The cost of living in a rental house or apartment would far exceed any rent credit you might get from your state ---even if your state has a credit for renters.
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.
@MinhT1 I was renting in California. Can you please share what is the tax deduction/credit I can receive for it?
Please see this thread on the CA renter's credit.
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