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January 26, 2022
Question

mortgage interest deduction after sale of house and divorce

  • January 26, 2022
  • 1 reply
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we sold our house and got a divorce fall of 2021 so filing single. How do I enter the 1098? Do I just split it 50/50? 

    1 reply

    ColeenD3
    January 26, 2022

    You can. HOwever, the two caveats are that to claim the interest, you must be both liable for the debt as well as pay the debt. If only one of you paid, that person gets to claim the deduction.