- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
If you are on the loan and the deed of the home, you may claim the interest and taxes that you paid. Your child could claim the interest and taxes that he paid, although taking the standard deduction means those deductions would not be reported. If you did not pay the interest or taxes, you cannot claim them.
‎June 6, 2019
12:45 PM