Nicole101
New Member

Bought a House in Late 2024, First Mortgage Payment in 2025

My fiancee and I purchased a home in late November of 2024. Our first mortgage payment wasn't paid until January 1st, so nothing was paid in 2024. How do I handle this on our tax returns?

 

Additionally, we are both on the house, but I am the only one on the mortgage. How do I handle this on our tax returns?