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Deductions & credits
I've been reading through this thread and although I have Step 5 "Someone co-owns this loan", the Turbotax clarification box makes matters confusing. It specifically states that this option doesn't apply for loans taken out with your spouse, even if filing separately. Obviously without checking this option, I am unable to clarify that the 1098 only has my name/SSN on it (not my spouse's) even though we pay with a joint account and are splitting the interests/principal/taxes on our returns. Can you clarify if I should just ignore the Turbotax 'Help' Section and proceed with the co-own option? Thank you.
‎April 5, 2022
1:05 AM