Question

My boyfriend and I bought a house together in 2018, and we own the house as joint tenant. Both of our names are on 1098. Can I claim all of the mortgage interest?

Forum|Forum|7 years ago
June 1, 2019
2 replies
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Yes. As long as you are both listed as borrowers on the loan, you may claim the entire mortgage interest on your return if your boyfriend does not claim it on his.

Hal_Al

Employee

Yes, you pretty much have a choice. One can claim it all or you can split it. It's usually best if only one claims it, allowing the other to use the standard deduction.

But, you have to meet the rules, which are:

1. You are legally obligated to pay it

2. You actually pay it. Paying from a joint account where you made sufficient deposits to cover the payments will usually meet this standard. However. paying from your own account would be a stronger audit defense.