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TerriBarker
February 14, 2025
Question

Dual ownership

  • February 14, 2025
  • 1 reply
  • 0 views

I purchased a home along with my son in law. I live on the property and we both pay the mortgage and taxes. Do we have to file income taxes together?

1 reply

X
xmasbaby0
Employee
February 14, 2025

Absolutely not.   Joint tax returns are filed only by legally married couples.   You co-own a home.

 

CO-OWNING A HOME

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-credits-deductions/deduct-mortgage-interest-co-owned-home/L6yLU1kKI_US_en_US?uid=lrv7xcw2

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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