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Deductions & credits
Each person is entitled to claim their percentage share. Sounds like you are entitled to 50% ownership unless you two have another agreement.
In order to deduct mortgage interest and property taxes, there are two requirements.
1) You must actually pay the interest and taxes.
2) You must be legally liable for the debt or hold title to the property.
If you are both legally liable and both make equal payments, you should each deduct 50% of the mortgage interest
and property taxes.
In other words, you should deduct according to your liability and the dollar amount of the deduction you paid
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‎February 9, 2023
5:29 AM