If you're a homeowner with your spouse, but not married, do you split the mortgage interest, mortgage insurance premiums, and real estate taxes down the middle?

[ColeenD3]

You can, but there are restrictions. You must be liable for both debts as well as pay them. If only one person pays the mortgage the other person can't claim it. You must both be on the mortgage to be able to claim it. The same is true for property taxes. You must be on the deed and actually pay the tax.

[alexandereichman]

Thank you!

So to confirm, if both of our names are on it, but only one of our SSNs is on the 1098, we are able to both get the deduction by splitting the amounts down the middle? Even though payment is coming out of one bank account, both parties are contributing half of the total amount due each month.

[PattiF]

Yes, you can both use the mortgage interest, mortgage insurance premiums, and real estate taxes on your tax returns by splitting the amounts down the middle.