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Deductions & credits
According to the rules, whoever is an owner and actually paid the interest is the person who takes the deduction. Usually this is fudged and the IRS does not make an issue out of it.
If it is a joint account and joint ownership, you can deduct 100% and she 0 %
If it is a joint account and joint ownership, you can deduct 100% and she 0 %
May 31, 2019
4:48 PM