I have a 1098 in my parents name but I make the payment. Can I deduct the interest?

[Marketstar · Accepted solution]

In order to deduct mortgage interest and property taxes, there are two requirements.

1) You must actually pay the interest and the property taxes.

2) You must be legally liable for the debt or hold title to the property.

So, if you do not hold title to the property or are not legally liable for the debt, the IRS does not  allow a mortgage interest deduction.