Welcome Guest. Register Now!  


Itemized Deductions Schedule-A


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 02-05-2010, 04:07 PM
Junior Member
 
Join Date: Feb 2010
Posts: 1
Mortgage Interest for Joint Owners

My boyfriend and I bought a house together this year. Both of our names are on the mortgage and both are on the deed. We alternate who pays the mortgage month by month. My questions is whether we can claim all of the mortgage interest on one person's taxes or if it needs to be split equally between the two of us.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
reporting mortgage interest saugeye Rental Real-Estate 1 03-11-2009 04:19 PM
Special Charitable Contributions for Certain IRA Owners Samatg For 2008 0 02-04-2009 04:34 PM
S Corp 2 owners tax question mike scott S-Corporation 0 12-11-2008 12:23 AM
Can the mortgage interest on Land intended to build a 2nd Home be deductible? bookkeeping Itemized Deductions 1 05-02-2008 11:24 PM
Mortgage Interest Deductions - Married Filing Separate ajbarrick Itemized Deductions 1 03-13-2008 10:04 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.