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flame8888
New Member

I bought a house with my sister and don’t have the 1098 or whatever it’s called. Do I claim the house or does she?

 
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1 Best answer

Accepted Solutions
JotikaT2
Employee Tax Expert

I bought a house with my sister and don’t have the 1098 or whatever it’s called. Do I claim the house or does she?

It depends.

 

You will both need to discuss it to determine if she is taking the deduction, or if you are going to split the deduction.  

 

If you decide to split the mortgage interest deduction, you can do so as follows.

  1. Go into the Federal program.
  2. Select "Deductions & Credits"
  3. Select "Mortgage Interest and Refinancing (Form 1098)

Input screen

 

Make sure you answer the questions regarding the 1098 form and input the information as prompted.

 

Uncommon situations

 

Additional information  needed

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
JotikaT2
Employee Tax Expert

I bought a house with my sister and don’t have the 1098 or whatever it’s called. Do I claim the house or does she?

It depends.

 

You will both need to discuss it to determine if she is taking the deduction, or if you are going to split the deduction.  

 

If you decide to split the mortgage interest deduction, you can do so as follows.

  1. Go into the Federal program.
  2. Select "Deductions & Credits"
  3. Select "Mortgage Interest and Refinancing (Form 1098)

Input screen

 

Make sure you answer the questions regarding the 1098 form and input the information as prompted.

 

Uncommon situations

 

Additional information  needed

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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