https://ttlc.intuit.com/community/tax-credits-deductions/discussion/1098-mortgage-principle-help-shared-home-loan/01/601216#M78655 <P>Me and my fiance both own our home, we're filing separately and I know that we split the interest and tax amounts down the middle, but when it asks for "Your portion of outstanding mortgage principal", do we split that in half as well or do they want to know the total of the loan?<BR />My social is on the 1098 but both our names are on the paper.</P> Thu, 06 Jun 2019 05:36:23 GMT allen-gross-10 2019-06-06T05:36:23Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/1098-mortgage-principle-help-shared-home-loan/01/601216#M78655 <P>Me and my fiance both own our home, we're filing separately and I know that we split the interest and tax amounts down the middle, but when it asks for "Your portion of outstanding mortgage principal", do we split that in half as well or do they want to know the total of the loan?<BR />My social is on the 1098 but both our names are on the paper.</P> Thu, 06 Jun 2019 05:36:23 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/1098-mortgage-principle-help-shared-home-loan/01/601216#M78655 allen-gross-10 2019-06-06T05:36:23Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/you-split-the-mortgage-principal-in-half-just-like-you-d/01/601223#M78656 <P>You split the mortgage principal in half, just like you do the mortgage interest and real estate taxes, <I>click</I> <A href="https://ttlc.intuit.com/questions/2429625-joint-owners-of-a-mortgage-1098-contains-both-names-but-only-one-ssn-how-to-claim-mortgage-interest-deduction" target="_blank">here</A> for a Turbotax article similar to your situation.</P> Thu, 06 Jun 2019 05:36:25 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/you-split-the-mortgage-principal-in-half-just-like-you-d/01/601223#M78656 RichardK 2019-06-06T05:36:25Z