How or should we split mortgage int. and R.E. tax deduction…?
by Mortgage Rates on Wednesday, September 22nd, 2010 | 2 Comments
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do the math on paper then decide
You can only claim what you actually paid. Either of you can itemize or not, it’s your individual choice.
If you itemize, see the instructions for Schedule A for the additional documentation that you’ll both need to attach to your tax returns. You won’t be able to e-file in this case; you’ll have to mail in your tax return.