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Deductions & credits
Yes. You each can claim the amounts that you actually paid for mortgage interest and real estate taxes. If you spit the mortgage 50/50, you each can take one half of the expenses.
Select Federal Taxes
Select Deductions and Credits
Scroll down and select Show More at Your Home
Select Start or Revisit at Mortgage Interest, Refinancing and Insurance
You will indicate that you shared the mortgage with someone. See screenshot below.
Select Federal Taxes
Select Deductions and Credits
Scroll down and select Show More at Your Home
Select Start or Revisit at Mortgage Interest, Refinancing and Insurance
You will indicate that you shared the mortgage with someone. See screenshot below.
‎June 1, 2019
12:07 AM