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My fiancé pays for our home taxes and mortgage, our name are both in the house loan. Am I entitled to any tax credit?
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June 6, 2019
3:17 AM
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Deductions & credits
If she made the payments out of a joint account, you may be able to split the deductions for mortgage interest and property tax. But if she made the payments out of her own funds, she is entitled to deduct the full amounts. The basic principle is that you can't deduct what you don't pay.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
June 6, 2019
3:17 AM