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

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

william-schmidt4
Returning Member

My fiancée and I have bought a home together and both are signed on the mortgage. Can one of us deduct all the interest and taxes and the other take a standard deduction?

 
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.

2 Replies

My fiancée and I have bought a home together and both are signed on the mortgage. Can one of us deduct all the interest and taxes and the other take a standard deduction?

Since you both have to file as Single, it does not matter who takes the standard deduction or itemized deduction.  
JulieR
Expert Alumni

My fiancée and I have bought a home together and both are signed on the mortgage. Can one of us deduct all the interest and taxes and the other take a standard deduction?

Since both of you are on the mortgage, either of you may claim the mortgage interest deduction, if you itemize your deductions on Schedule A.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies