Question

Mortgage Interest on my deceased fathers estate

Forum|Forum|4 years ago
April 9, 2022
1 reply
0 views

My father died in 2019 and I pay his mortgage while his girlfriend lives in the house. The house title is not in my name, but the 2021 Mortgage Interest Statement is made to: Estate of (my father's name) C/O (my name) with my home address.

1. Can I claim the Mortgage Interest in box 1 ?

2. How do I list this property in my taxes? Rental, other, What?

AmyC

Employee

From your description, the answer is no deduction.

Look at the rules in Publication 936 (2021), Home Mortgage Interest Deduction - IRS which states:

You can’t deduct home mortgage interest unless the following conditions are met.

You file Form 1040 or 1040-SR and itemize deductions on Schedule A (Form 1040).
The mortgage is a secured debt on a qualified home in which you have an ownership interest.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"