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Deductions & credits
A general rule of thumb is the person paying the expense gets to take the deduction. In your situation, each of you can only claim the interest that you actually paid.--When you pool the money you can use other person's money to pay for utilities, food, entertainment, etc, so even when it is a joint account and money is co-mingled, you can legally say that your money used 100% for the mortgage.
‎June 1, 2019
1:20 PM