Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 01-11-2014, 12:41 AM
Junior Member
 
Join Date: Jan 2014
Posts: 3
Mortgage Interest

My husband and I bought a house while we were together. It was financed in his name only. We divorced in 2013 and the decree states that I will retain the home and am financially responsible for the house. I have 18 months from divorce date to transfer in my name. Because the decree states that I am responsible, and I have made 100% of all payments related to the home for all of 2013, can I deduct the mortgage interest for the home on my tax return?



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
 



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
Mortgage Interest - 2012 da91crex For 2012 1 12-20-2012 09:08 PM
home mortgage interest tax gdproj Itemized Deductions 2 07-23-2012 10:00 PM
MFS: mortgage in spouse's name; payments via joint account; mortgage interest / real estate deduction options ohjustbob Itemized Deductions 1 03-08-2011 01:08 AM
mortgage interest after divorce jkb67 Divorce Tax Issues 1 02-24-2011 08:46 PM
reporting mortgage interest saugeye Rental Real-Estate 1 03-11-2009 04:19 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.