JoefromVT
New Member

Deductions & credits

Hey bwa,

Thanks for your response.  I think I got it, but would like a little more clarification.  

It sounds like form 1098 will only be issued to one of us then.  As we both pay for the house, does that mean we can both claim the expenses by this indication in TurboTax you mentioned, or can only the person who's name shows up as the first borrower on form 1098 claim the expenses?  If we can both claim it, is it more beneficial for both of us to, or should only one person claim the expenses?