My fiance and I are co-borrowers on our new mortgage and hold the title in joint tenancy. Her social is not on the 1098 from the bank. Can she claim mortgage expenses?

mburgess490 · ‎May 31, 2019

The bank only put my social on the 1098, but as I am a full time student there's no reason for me to claim the property taxes and mortgage expenses. I want to make sure that she can claim them so we can maximize our deductions.

MichaelDC · ‎May 31, 2019

Yes, she can. You can treat the Form 1098 as being issued to her for purposes of the mortgage interest deduction.

To qualify to be able to claim mortgage interest, you need to:

Own the home
Be liable to pay the mortgage, and
Make the payments

See this link for further info: http://turbotax.intuit.com/support/go/GEN85402

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My fiance and I are co-borrowers on our new mortgage and hold the title in joint tenancy. Her social is not on the 1098 from the bank. Can she claim mortgage expenses?

Deductions & credits