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No, your wife is not allowed to claim the mortgage interest deduction for your debt. She must have an ownership interest in the home to deduct interest on a home loan. This means that her name has to be on the deed.
For more information, please see this helpful link:https://ttlc.intuit.com/replies/5539756
No, your wife is not allowed to claim the mortgage interest deduction for your debt. She must have an ownership interest in the home to deduct interest on a home loan. This means that her name has to be on the deed.
For more information, please see this helpful link:https://ttlc.intuit.com/replies/5539756
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