turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

My ex wife wants to claim the interest on form 1098 since the house was awarded to her. the only prob i see is the fact that the 1098 is under my name and ssn, not hers.

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
RichardK
New Member

My ex wife wants to claim the interest on form 1098 since the house was awarded to her. the only prob i see is the fact that the 1098 is under my name and ssn, not hers.

Your wife is allowed to deduct home mortgage interest, even if the 1098 is not in her name, if she meets the following conditions (she is required to report the information from the Form 1098 on her tax return):

·        She files form 1040 and itemizes her deductions

·        The mortgage is a secured debt on a qualified home in which she has an ownership interest

·        The home is her primary or secondary residence

See IRS publication 936.

View solution in original post

1 Reply
RichardK
New Member

My ex wife wants to claim the interest on form 1098 since the house was awarded to her. the only prob i see is the fact that the 1098 is under my name and ssn, not hers.

Your wife is allowed to deduct home mortgage interest, even if the 1098 is not in her name, if she meets the following conditions (she is required to report the information from the Form 1098 on her tax return):

·        She files form 1040 and itemizes her deductions

·        The mortgage is a secured debt on a qualified home in which she has an ownership interest

·        The home is her primary or secondary residence

See IRS publication 936.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question