topic Re: Should I only claim half of my outstanding mortgage principle if I co-own my house with my sp... in Get your taxes done using TurboTax

Should I only claim half of my outstanding mortgage principle if I co-own my house with my spouse and we are filling married separately?

attheboulevard — Wed, 11 Feb 2026 03:39:08 GMT

Re: Should I only claim half of my outstanding mortgage principle if I co-own my house with my sp...

KrisD15 — Tue, 13 Feb 2024 14:15:06 GMT

Yes, if you both are itemizing and each pay half the mortgage, you would each claim half.

When filing separately, you must both Itemize or both take the Standard Deduction.

Re: Should I only claim half of my outstanding mortgage principle if I co-own my house with my spouse and we are filling married separately?

taxlady28 — Tue, 13 Feb 2024 14:16:05 GMT

You can agree between the two of you how much each can claim. It can be 50%, 100%, or anything that the two of you agree to and that adds to 100% together.

Re: Should I only claim half of my outstanding mortgage principle if I co-own my house with my sp...

DianeW777 — Tue, 13 Feb 2024 14:42:05 GMT

As indicated by @KrisD15, you can deduct the mortgage interest in any way you both agree. If you do not agree, and you did not equally make the payments, you should use only what you actually paid. Be sure to have your proof of payments should you need them later.

The IRS would allow a deduction for the person who made the payment if you do not agree between you.

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