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Reply to "Mortgage Interest Tax Deducation"
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[quote=Anonymous]We just split the interest payments in half last year, even though the interest statement came in my name only. TurboTax has a question - "Did you pay qualifying mortgage interest that was not registered in your name?" You click "Yes" on that and ask you for your share of the interest. My partner did that and claimed her half of interest. We got "married" this year, but didn't actually file the paper work with the government. So we are still filing as "singles." Saving us a lot of money, as we both individually get the $10K SALT deduction. We live in DC and own a rental property, so we both easily have enough deductions to itemize. This whole tax bill was such a bad sham for the middle and upper middle class.[/quote]
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