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VA26
Level 2

Mortgage co-borrower

In 2021, my daughter bought a house.  For the mortgage, I was a co-borrower with her on the mortgage, but the title is only in my daughter’s name.  For the 1098 interest payments and points/costs related to the mortgage, do I need to split 50% of those amounts or can she take all 100% of the amounts on her tax return?

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1 Reply
MinhT1
Expert Alumni

Mortgage co-borrower

Each of you should report the mortgage interest and other costs you actually paid in 2021.

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