Hello!
I share a coop apt with my domestic partner and we file our taxes separately. The 1098 Statement that our building property management company sends us includes both our names. We have had the apt for 4 years.
I have 2 questions:
- Every year thus far we have been splitting the amounts on each of our tax forms as per directions on the form. Turbotax has never given us a benefit for this. I wonder if this is because it is divided in 2. Can you please outline the tax implications of splitting the mortgage interest this way?
- In box 10 (Other), our Real Estate taxes is listed. Do we need to file a separate form for the taxes or do we use the same 1098 form as the Mortgage Interest?
Thank you!
Best Rgds
KN
