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.

Kelvs19
New Member

1098 How to file split joint owned home

I co-owned a home. All expenses split 50-50. The other individual sends all bill share to my personal bank account, then I use my account to pay the bills. I receive 1098 with only my name. Can we do a split tax deduction or only I should be able to claim it all?

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.

1 Reply
MaryK4
Employee Tax Expert

1098 How to file split joint owned home

You can deduct the home mortgage interest that you actually pay, so you can do the 50-50 split.  See Topic no. 505, Interest expense | Internal Revenue Service.  

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question