Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
C
cb5838395
March 14, 2020
Question

Moved from ala.july 2019 and incurred mortgage interest payments on home in florida,can i still show or claim this interest on ala return?

  • March 14, 2020
  • 1 reply
  • 0 views
No text available

1 reply

KathrynG3
KathrynG3
March 14, 2020

Yes, the mortgage interest expense from the Florida home can be claimed as an itemized deduction. But, this is reported on the federal return and will automatically carry to the Alabama return.

 

See page 20 column 1 of the 2019 Form 40 Alabama Individual Income Tax Book for more information:

"The interest you paid that can be claimed as an itemized deduction is limited in most cases to the same amount as currently allowable for federal purposes....If you qualified for the Mortgage Interest Credit on your Federal return, the total interest you paid before the credit is deductible for Alabama purposes."

TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification