Thursday, March 25, 2010

About I live and work in Phoenix but I pay my house in MI.Can i claim it on my AZ taxes and if so how

I live and work in Phoenix but I pay my house in MI.Can i claim it on my AZ taxes and if so how?
I heard the I can claim what I paid on my house payment and taxes of my MI house. I asked my tax person and they said no. Can you please help?
United States - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You need to contact someone that is a tax professional, this is a bit complicated. http://www.hrblock.com/index.html
2 :
You can deduct mortgage interest (not principal) for your primary home and a second home. You may also deduct all real estate taxes paid. Report both on Form 1040 Schedule A. Arizona also allows these deductions from the federal return.

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