turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I'm filing married separate. We own a home. Do we both claim the mortgage interest form 1098 or just one of us? I live in NJ

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

I'm filing married separate. We own a home. Do we both claim the mortgage interest form 1098 or just one of us? I live in NJ

If you both are going to file married filing separately (versus filing Married filing Joint together), you will need to decide who claims what when dividing up the itemized deductions you have for deductions such as mortgage interest.

Keep in mind that if one of you itemizes deductions, you both have to itemize deductions even if you both do not have itemized deductions greater than the standard deduction. 

The mortgage interest will need to be divided based on who actually paid for it. You can only take a deduction for the amount you paid. If you only paid a portion of the mortgage interest, you would include that on your tax return.

The link below explains more about when to file jointly or separately:

Should You and Your Spouse File Taxes Jointly or Separately?

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies