topic 1098 in Deductions & credits

1098

RJB01 — Mon, 23 Feb 2026 14:33:01 GMT

I co own a home both will be doing standard deduction we split the interest do we do the same for mortgage insurance and property taxes ?

Both names are on the 1098

Re: 1098

xmasbaby0 — Sun, 19 Mar 2023 18:57:53 GMT

If you are both using the standard deduction there is no need or requirement to enter mortgage interest or property tax---which are itemized deductions.

Re: 1098

MarilynG1 — Sun, 19 Mar 2023 19:00:47 GMT

Yes, you can split the Mortgage Interest, Property Tax, and Mortgage Insurance, if you both actually paid half. If you're both using the Standard Deduction, though, it won't make a difference in your returns.

However, if one of you is close to being able to Itemize Deductions, you might consider letting one person claim all the house-related deductions, since even claiming half won't make a difference in the other person's return, and may benefit the person that itemizes.

Here's more info on Splitting Form 1098.

@RJB01