Hello Tax Experts 🙂
After my ex-wife and I divorced the agreement is:
1) The deed of the house was changed to my name only (my primary residence)
2) The mortgage is in her name only, but b/c I'm keeping the house, she gave me access to her mortgage account online, and I login, and pay mortgage + property taxes. After divorce we didn't refinance the house under my name b/c interests at the time were higher than the existing mortgage has (4%)
3) She gives me the 1098 she receives which is in her name, and she doesn't use the form in her income tax
Q 1) Can I enter in my income tax her 1098? I'm actually making the payments, but my name / SSN isn't on the form
Q 2) Can I declare the house's property taxes I paid in my income tax even though my name / SSN isn't on the mortgage account?
Thank you, I appreciate your help
Nick
Yes, you can claim the mortgage interest and property taxes that you paid as part of your tax return.
Take a look at the following TurboTax help article for more details. There is an exception covered in the last bullet point pertaining to your situation.
Yes, you can claim the mortgage interest and property taxes that you paid as part of your tax return.
Take a look at the following TurboTax help article for more details. There is an exception covered in the last bullet point pertaining to your situation.