I bought a house end of October. Shouldn't I be able to claim a rent credit for 10 months and property tax for 2 months?
2007-01-19 09:20:31 · 3 answers · asked by tina82054 2 in Business & Finance ➔ Taxes ➔ United States
You have this under US. For US federal returns, there isn't a rent credit. Property taxes and mortgage interest can be taken as itemized deductions.
If you're talking about a state rent and property tax rebate program, then yes, you could file for what you had paid for each part of the year for rent and then later for property taxes.
2007-01-19 09:28:22 · answer #1 · answered by Judy 7 · 1⤊ 0⤋
I doubt it in both cases because the end of october is when the tax bills are mailed out and yours was already paid at closing (the land portion of it anyway) . I never heard of a "rent credit" for renters (landlords yes).
2007-01-19 10:59:25 · answer #2 · answered by Anonymous · 0⤊ 0⤋
yes if it was prorated
2007-01-19 09:29:22 · answer #3 · answered by Anonymous · 0⤊ 1⤋