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osofs
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Can I claim mortgage interest and home improvements? I live in my fathers home and pay the mortage. This year, I paid for 7000.00 in home improvements.

 
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Can I claim mortgage interest and home improvements? I live in my fathers home and pay the mortage. This year, I paid for 7000.00 in home improvements.

No, in order to take the mortgage interest deduction, you would need to have an ownership interest.  This means your name would at very least need to be on the deed. If you do not have an ownership interest, you can not take the deductions.

Home improvements to a personal residence are not tax deductible unless they are needed for medical reasons.  Then they may be deductible as a medical expense.


https://www.irs.gov/publications/p936

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Can I claim mortgage interest and home improvements? I live in my fathers home and pay the mortage. This year, I paid for 7000.00 in home improvements.

No, in order to take the mortgage interest deduction, you would need to have an ownership interest.  This means your name would at very least need to be on the deed. If you do not have an ownership interest, you can not take the deductions.

Home improvements to a personal residence are not tax deductible unless they are needed for medical reasons.  Then they may be deductible as a medical expense.


https://www.irs.gov/publications/p936

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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