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Itemized Deductions Schedule-A


 
 
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Old 02-09-2011, 02:10 PM
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Mortgage interest deduction for unmarried couple

Can I divide up mortgage interest paid (1098 received in both names) between two unmarried people who co-own and co-habitate? What if one partner can make more use of the write off than the other due to other itemized deductions on schedule A when the other partner will still get the standard deduction even if they take half of the mortgage interest?



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