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Should I enter the info from my 1098 form even if I'm a cosigner on the home loan?

 
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ModestaL
New Member

Should I enter the info from my 1098 form even if I'm a cosigner on the home loan?

Yes, you can claim the mortgage interest and/or property taxes paid on your home that you contributed to. You would only enter the amounts that you paid and are eligible to deduct on your home (individually) on your tax return. Nonetheless, if the ownership and costs were split 50/50 that's how you would enter it into the program.

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4 Replies
ModestaL
New Member

Should I enter the info from my 1098 form even if I'm a cosigner on the home loan?

Did you contribute to paying any of the mortgage?

Should I enter the info from my 1098 form even if I'm a cosigner on the home loan?

Yes
33Contreras
Returning Member

Should I enter the info from my 1098 form even if I'm a cosigner on the home loan?

YES AND HE QUIT
ModestaL
New Member

Should I enter the info from my 1098 form even if I'm a cosigner on the home loan?

Yes, you can claim the mortgage interest and/or property taxes paid on your home that you contributed to. You would only enter the amounts that you paid and are eligible to deduct on your home (individually) on your tax return. Nonetheless, if the ownership and costs were split 50/50 that's how you would enter it into the program.

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