TAXMAN Posted June 23, 2014 Report Posted June 23, 2014 TP's are Virginia Residents. They seperated in April 2013. He stayed in the house she left and took the kid. As I see a possible mFS for him and HH for her. Problem now is can He take all the mortgage interest? Note and deed in both names. She continued to help pay the mortgage so as not to go into default. They make about 90k each. Or do I have to allocate based on income? I can seperate every thing else on schedule A however it appears her standard is higher than her Schedule A. Some thoughts on this please. Thanks Quote
Lee B Posted June 23, 2014 Report Posted June 23, 2014 Was this a legal separation or did they informally separate, because the answers are different ? 1 Quote
kcjenkins Posted June 23, 2014 Report Posted June 23, 2014 If they are not filing MFJ, the instructions say they can only take the share they paid. See Pub 17, page 164. Quote
Pacun Posted June 24, 2014 Report Posted June 24, 2014 File MFS for the husband and itemized deductions. File wife as HH and use standard deduction. Quote
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