topic Mortgage interest and divorce in Deductions & credits

Mortgage interest and divorce

jgarner72 — Thu, 06 Jun 2019 15:30:46 GMT

Background: Had a personal agreement with ex since April 2015 identifying spousal and child support. Notarized Settlement in July 2017. Refi'd home in July 2017. Divorced on 19 Dec 2017.

Can I claim 1/2 the mortgage interest prior to the settlement / refi? Even though she directly paid the mortgage, I would argue she was using the $ I provided her to pay it.

Thanks!

To deduct mortgage interest and property taxes you must m...

Marketstar — Thu, 06 Jun 2019 15:30:47 GMT

To deduct mortgage interest and property taxes you must meet two conditions:

1. !. You must be legally obligated to pay the mortgage and/or property tax.

2. You must actually pay it

If you hold title to the property, you satisfy the first requirement