in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill (OBBBA)
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Yes, two people can claim interest and property taxes paid on the same house.
You will enter the amounts you individually paid and/or received relating to this home, on your individual tax return. So, if costs and ownership were split 50/50, this is how you will enter it into your tax return.
What if one of people doesn’t not need the mortgage interest deduction, due to senior income using standard deduction. Can they give that total deduction to the other person on the mortgage?
You can deduct the amounts you paid. @munozdg
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