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You can only claim a total of $10k between the two of you. You cannot both use the full amount.
Thank you! Does that mean we should also split the other figures on the form between the two of us? Like the outstanding mortgage principle and the property real estate taxes?
Yes, everything should be split according to how much each of you pay. If you both pay half, then Boxes 1, 2, 5, 6, and property taxes should be split evenly. You would select Someone co-owns this loan, and I only pay a portion of it in Do any of these uncommon situations apply to your loan?
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