California, married filing separately: how do we enter bank '1098' form mortgage deduction? each one 50% or one of us 100%?

[Kapolei]

California, married filing separately: What do we enter in the bank '1098' form mortgage deduction?

I do understand that each one of us enters 50%

But do we both claim on 1098 only 50% of the bank supplied amount?

[MinhT]

You can split the mortgage interest deduction in any way you can agree on, but between you, you cannot deduct more than 100% of the amount reported on form 1098.

Please note that when you are filing separately, both spouses have to itemize even if this results for one spouse in a deduction smaller than the standard deduction. Or both can opt to use the standard deduction.

[Kapolei]

Please clarify:  if my 1098 reports, say, $10000, I fill in $5000 on my 1098 Box 1 and my wife inserts $5000 on Box 1 on hers?

[MinhT]

Yes

[Kapolei]

thank u