It depends. You can do either but just make sure you both agree to the amounts reported to ensure both of you combined do not exceed the amount reported on Form 1098. Go into the Federal program. Select "Deductions & Credits" Select "Mortgage Interest and Refinancing (Form 1098) Continue through the screens and enter information as prompted. Be sure to answer the following question if you decide to either split the reporting of the mortgage interest. You will then need to complete the following information on the next screen.

TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

pattimarie3

Level 1

Solved

If there is more than one owner but the 1098 form was sent to only one of us. Do we split the points and interest or give it all to one of us and deal with it personally?

Forum|Forum|6 years ago
March 28, 2020
1 reply
18 views

No text available

TurboTax Live Basic Online

Best answer by JotikaT2

It depends.

You can do either but just make sure you both agree to the amounts reported to ensure both of you combined do not exceed the amount reported on Form 1098.

Go into the Federal program.
Select "Deductions & Credits"
Select "Mortgage Interest and Refinancing (Form 1098)
Continue through the screens and enter information as prompted.

Be sure to answer the following question if you decide to either split the reporting of the mortgage interest.

1098 Info

You will then need to complete the following information on the next screen.

Details

JotikaT2

Answer

Alumni - Expert

It depends.

You can do either but just make sure you both agree to the amounts reported to ensure both of you combined do not exceed the amount reported on Form 1098.