My fiancée and I are not married, but in 2017 we bought a house together. To maximize our deduction who should enter the house/interest on their tax return?
02243
2 Replies
SweetieJean
Level 15
Jun 4, 2019 6:50:50 PM
You each enter what you actually paid yourself.
Bsch4477
Level 15
Jun 4, 2019 6:50:51 PM
If you itemize the one with the higher AGI should take the deduction normally, but you can try it both ways to see what is better for your particular tax situation.