A taxpayer can deduct home mortgage interest if both the following conditions are met.
The taxpayer files Form 1040 and itemizes deductions on Schedule A (Form 1040).
The mortgage is a secured debt on a qualified home in which the taxpayer has an ownership interest. For more details, go to: https://www.irs.gov/publications/p936
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
