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Deductions & credits
If both people are on the mortgage or deed to the home---yes. But the amount each of you enters cannot exceed 100% of the amount paid. Divide it up by how much you each paid.
Are the two people filing married filing separately? Or are you talking about two people who are not married to each other but who purchased a home together?
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎January 23, 2024
6:52 AM