Solved: Home 1098
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cyberjunaid
Level 1

Home 1098

I got my 1098 for my home. The home itself is co-owned by 3 people, myself included. So who will file the 1098 in the tax; all of us, or one of us?

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Accepted Solutions
ColeenD3
Employee Tax Expert

Home 1098

You must not only be liable for the debt, but pay the debt. So whoever claims it must be on the mortage and actually pay the mortgage interest. If all three of you meet that qualification, it is up to you. You can split it three ways or take turns.

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1 Reply
ColeenD3
Employee Tax Expert

Home 1098

You must not only be liable for the debt, but pay the debt. So whoever claims it must be on the mortage and actually pay the mortgage interest. If all three of you meet that qualification, it is up to you. You can split it three ways or take turns.

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

View solution in original post

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