topic TurboTax ask if your a homeowner, I am but have been separated for 8 months do I still file as a homeowner in Get your taxes done using TurboTax

TurboTax ask if your a homeowner, I am but have been separated for 8 months do I still file as a homeowner

sglover68 — Sun, 29 Mar 2020 00:57:40 GMT

Re: TurboTax ask if your a homeowner, I am but have been separated for 8 months do I still file a...

RobertG — Sun, 29 Mar 2020 01:14:14 GMT

TurboTax is just asking if you are a homeowner so it can prompt you to enter mortgage interest and property taxes. If you don't have those deductions, say no.

Re: TurboTax ask if your a homeowner, I am but have been separated for 8 months do I still file a...

sglover68 — Tue, 31 Mar 2020 13:10:04 GMT

Yes I understand that, but being separated who claims the intetest?

Re: TurboTax ask if your a homeowner, I am but have been separated for 8 months do I still file a...

LeonardS — Tue, 31 Mar 2020 14:41:27 GMT

If one individual paid the interest then that person can claim the interest. If two individuals paid the interest then they can claim the amount that they each paid. Interest can only be deducted if you itemize your deductions on Schedule A. If you take the standard deduction then you can not claim the interest you paid.

The standard deductions for 2019 are.

Single - $12,200 add $1,650 if age 65 or older add.
Married Filing Separately - $12,200 add $1,300 if age 65 or older.
Married Filing Jointly - $24,400 add $1,300 for each spouse age 65 or older.
Head of Household - $18,350 add $1,650 if age 65 or older.