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Other Deduction Questions
- My spouse and I are filing separate returns. How do we split our itemized deductions?
- My housemate and I are both the legal owners of our house and pay our mortgage from our joint account. The monthly mortgage payment also covers the real estate taxes on our home. The Form 1098 and property tax statement came only in my name and Social Security number. How do we split these payments of interest and taxes so we can both claim them on our separate Schedules A?
Category: Itemized Deductions, Standard Deduction