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Deductions & credits
If you paid for any part of the mortgage interest, mortgage insurance or property taxes you can enter those as itemized deductions on your tax return. Or each of you can decide which one of you will enter the total expenses instead of splitting them up between the two of you.
Note however that the total of All itemized deductions on Schedule A Must be greater than the Standard Deduction for your filing status to have any tax benefit on a tax return.
‎January 9, 2023
4:43 PM