We are not married but own a house together.Can the person who makes the most money take mortgage interest & property tax deductions?
You can only deduct the amount of mortgage interest that you actually paid, so you should split the deduction in the same way that you split the payments.
Please review these guidelines as well to report the amounts correctly:
We are not married but own a house together.Can the person who makes the most money take mortgage interest & property tax deductions?
You can only deduct the amount of mortgage interest that you actually paid, so you should split the deduction in the same way that you split the payments.
Please review these guidelines as well to report the amounts correctly:
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