Husband & I file separate & pay 50% of everything. When entering 1098, we always enter 50% of everything. so when asked, should I put full principal balance or just 50%?

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Since you are filing separately and each of you are claiming one half of the interest deduction, you should each enter 50% of the loan balance.

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Since you are filing separately and each of you are claiming one half of the interest deduction, you should each enter 50% of the loan balance.

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Husband &amp; I file separate &amp; pay 50% of everything. When entering 1098, we always enter 50% of everything. so when asked, should I put full principal balance or just 50%?