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February 4, 2020
Question

I’m on a mortgage loan with my boyfriend what is the proper tax answer for my situation when claiming mortgage interest?

  • February 4, 2020
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February 4, 2020

For the question, Did you pay any home loans in 2019, click the Yes box.  As long as you are listed on the loan you can deduct the mortgage interest and property taxes.  You do not have to be on the 1098. 

 

You can agree among yourselves how you would like to split the amounts paid for things like mortgage interest, property taxes, loan origination fees (points), etc.  Each of you would then enter your share (as long as  you do not exceed 100% total).