Discussion:Mortgage Interest/Living Together
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| Revision as of 17:31, 3 January 2006 Swortmann (Talk | contribs) (New Discussion) ← Previous diff |
Revision as of 20:03, 3 January 2006 Anuenue (Talk | contribs) (Mortgage Interest/living together) Next diff → |
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| {{ForumNewPost|UserID=Swortmann|Date=3 January 2006|Text=Can someone point me to some guidance on how to properly account for itemized deduction, i.e. real estate taxes and mortgage interest when a couple live together......Thanks}} | {{ForumNewPost|UserID=Swortmann|Date=3 January 2006|Text=Can someone point me to some guidance on how to properly account for itemized deduction, i.e. real estate taxes and mortgage interest when a couple live together......Thanks}} | ||
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| + | {{ForumReplyPost|UserID=Anuenue|Date=3 January 2006|Text=Are both parties on the loan? If they are, by letter, ask the mortgage company to put both SSN's on the 1098...the percentage of deduction can then be split as needed on the tax return. | ||
| + | If not, the 1098 will show the SSN of the party on the loan...this is the only one that can take the deduction | ||
| + | anuenue}} | ||
Revision as of 20:03, 3 January 2006
Discussion Forum Index --> Tax Questions --> Mortgage Interest/Living Together
| 3 January 2006 | |
| Can someone point me to some guidance on how to properly account for itemized deduction, i.e. real estate taxes and mortgage interest when a couple live together......Thanks | |
| 3 January 2006 | |
| Are both parties on the loan? If they are, by letter, ask the mortgage company to put both SSN's on the 1098...the percentage of deduction can then be split as needed on the tax return.
If not, the 1098 will show the SSN of the party on the loan...this is the only one that can take the deduction anuenue | |
