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Deductions & credits
@Midge5 , agreeing with my colleague @xmasbaby0 , just wanted to point out that while the persons ( names ) that show on the loan docs are individually and severally responsible for the payment of the loan, ONLY the person (/s) paying the mortgage is ( /are ) eligible to claim the interest payment as a deduction on Schedule-A.
‎September 21, 2023
12:29 PM