Deductions & credits

Yes if you are splitting the deduction for the mortgage interest you can each use half, even if the checking account was in only one of your names.   The IRS is not looking at that.   

 

And.....you both have to itemize----even if one of you  falls short of having enough itemized deductions to equal or exceed your standard deduction.   When you file MFS, your deduction for property tax is capped at $5K each.   

**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.**

View solution in original post