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Deductions & credits
The person or people whose name is on the mortgage or deed is the person who can enter the mortgage interest or property tax paid onto a tax return. You state that you just "moved in" with a friend---that just sounds like roommates who are sharing costs. The owner of the home will be getting a 1098 from the lender. They can enter the mortgage interest, property tax and loan origination points on their tax return if they are itemizing deductions.
**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 8, 2025
6:21 AM