Question

bought house and moved to another state - how does that affect tax filing

Forum|Forum|3 years ago
November 16, 2022
1 reply
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Hello dhln!

"Congrats on your new home! Now you’re building equity in an investment instead of paying rent. And while the cost seems high, there are deductions available to you as a homeowner that can reduce your tax bill. Here are some things to keep in mind as you prepare your return."

It means a lot of good things for your taxes, such as itemizing your property taxes, interest, etc. Please see link below for more information.

https://ttlc.intuit.com/turbotax-support/en-us/help-article/homeowner-tax-credits-deductions/buying-home-mean-taxes/L0Y1a06Yx_US_en_US

Hope this helps!

OpeA1

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