itsryglo
New Member

How much Outstanding Mortgage Principal do I enter when I co-own the mortgage?

My partner and I (both single) share a mortgage 50%/50% in California. We split the mortgage payments 50%/50%. For the "Outstanding mortgage principal" field in TurboTax, it says to enter only the portion I am liable for. Am I liable for the total amount or only  50% (with my partner being liable for the other 50%)?