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susanpilates
New Member

I want to file married filing separately but can I take the standard deduction? my soon to be ex husband owns his own business and paid most of mortgage on our house, so will be claiming the mortgage interest.

 
1 Reply
ChristinaS
New Member

I want to file married filing separately but can I take the standard deduction? my soon to be ex husband owns his own business and paid most of mortgage on our house, so will be claiming the mortgage interest.

If your filing status is Married Filing Separately, you must itemize if he itemizes. If he itemizes and you take the standard deduction, you will receive an IRS notice down the road.

Business expenses are not itemized deductions. If your soon-to-be ex has a home office, its possible that he is writing-off some of the home expenses on his business schedule. That would leave less of the mortgage interest and taxes for itemized deductions.

Obviously, the amount of these expenses matter. In some parts of the country, property taxes are more than others. If you live where these costs are high (and definitely higher than $6300), you should be prepared to itemize.

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