Discussion:Mortgage interest paid by cohabitant
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| Revision as of 12:53, 9 May 2009 Harry Boscoe (Talk | contribs) (What connection) ← Previous diff |
Revision as of 20:56, 9 May 2009 Johnhuddleston (Talk | contribs) (As far as I know) Next diff → |
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| {{ForumReplyPost|UserID=Harry Boscoe|Date=9 May 2009|Text=What connection is there between A's check for $2,000 paid to B and the mortgage payment that's being made by B? Without something to tie A's payment to B to the mortgage payment and to the interest, A's check could be for anything! Is there a notation on the check, and what should it be if the deduction is to become A's? | {{ForumReplyPost|UserID=Harry Boscoe|Date=9 May 2009|Text=What connection is there between A's check for $2,000 paid to B and the mortgage payment that's being made by B? Without something to tie A's payment to B to the mortgage payment and to the interest, A's check could be for anything! Is there a notation on the check, and what should it be if the deduction is to become A's? | ||
| I'm curious, not challenging.}} | I'm curious, not challenging.}} | ||
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| + | {{ForumReplyPost|UserID=Johnhuddleston|Date=9 May 2009|Text=As far as I know, there is nothing in the memo. The statute, regs and publication say "paid" but offer no detail on what "paid" means.}} | ||
Revision as of 20:56, 9 May 2009
Discussion Forum Index --> Basic Tax Questions --> Mortgage interest paid by cohabitant
Discussion Forum Index --> Tax Questions --> Mortgage interest paid by cohabitant
Johnhuddleston (talk|edits) said: | 8 May 2009 |
| A and B are unmarried co-owners and cohabitants. A wrote a check for $2000 each month to B. Then B wrote a check for $2,100 to the mortgage company. If B agrees not to deduct any mortgage interest, can A deduct some of all of the interest?
This seems to be a common scenario but I could find a relevant discussion. | |
Harry Boscoe (talk|edits) said: | 9 May 2009 |
| What connection is there between A's check for $2,000 paid to B and the mortgage payment that's being made by B? Without something to tie A's payment to B to the mortgage payment and to the interest, A's check could be for anything! Is there a notation on the check, and what should it be if the deduction is to become A's?
I'm curious, not challenging. | |
Johnhuddleston (talk|edits) said: | 9 May 2009 |
| As far as I know, there is nothing in the memo. The statute, regs and publication say "paid" but offer no detail on what "paid" means. | |
