TurboTax asks the question, "Did you maintain your home in 2024?"
Individual owns a home
Mortgage is in the name of the same individual
The same individual has a Fiance resides in the home
Fiance pays rent to this individual an amount which is identical to the individual's mortgage payment on a monthly basis
Both pay household expenses equally - so the answer to the question is Yes? and No?
The noted individual does NOT have a business in the home
What is the implication if the Fiance (who is not the home owner) pays, for example 60% of the houshold expenses and the individual homeowner pays 40%? Should the Fiance answer that he maintains a home even if he is not the homeowner?
Or vice versa - --
What if it is determined that the individual maintains the home and satisfies more than 50% of the household expenses (but again, does NOT have a business in the home) - what is the implication to the individual? what is the implication to the Fiance when he files his own tax return (Single)?
Help!
Thank you.
