MargaretL
Expert Alumni

Deductions & credits

Both of you would claim the house. You should divide your expenses based on who paid them; if they are deducted form a joint account, divide them evenly.

Note: 

  • unmarried couples - each can claim the portion of the expenses that they paid
  • married couples - can allocate the expenses in any manner they choose, unless they live in a community property states (if they do, they are subject to community property rules)