turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes & Forms (2024) on Mar 19! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

v-shipley
New Member

Can i deduct half of what is in box 1 because the borrowers name is in my name and my ex-wife's name and were filling separate returns?

I'm referring to Form 1098
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
KrisD15
Employee Tax Expert

Can i deduct half of what is in box 1 because the borrowers name is in my name and my ex-wife's name and were filling separate returns?

Yes, you can each claim what you each paid. 

 

In TurboTax your wife will need to select "My name is not on the 1098, or my name isn't the first one listed on the 1098"

and enter your information. 

 

The IRS will look at your return as well as hers to see if the amount claimed is not more than the amount on the original 1098. 

 

 

**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