Welcome Guest. Sign in or Signup

6 Answers

Married Filing Separately – Mortgage Deduction and Home Tax Exemption?

Asked by: rdhouse 63 views YA Discussion

We are married and decide to file tax separately for last year. She has lived in Georgia and I have lived in Arizona since last year.
The mortgage and the house are under my name ONLY, but I want to let my wife claims 100% of these itemized deductions (no split). Is it possible? Or do we both have to itemize these?
Thanks.


6 Answers



  1. Beverly S on Feb 10, 2014 Reply

    You cannot both claim them, you cannot split them. Married filing seperately.. you are the only one who can claim since the 1098 forms are in your name. You would be better off to file married filing jointly. MFS is the worst way to file.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  2. Ryan M on Feb 10, 2014 Reply

    When you file as SEPARATE….you are SEPARATE, not commingled. You don’t get to pick and choose when you are married and combining your finances and when you are financially separate. Tax items in YOUR name are yours when filing separately.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  3. Bash Limpbutt's Oozing Cyst© on Feb 10, 2014 Reply

    Sorry but as the mortgage is in your name alone, she cannot claim the mortgage interest deduction if you file MFS even if she actually paid it. In order to claim a deduction you must be legally obligated to make the payment. She is not obligated to make the payments so she cannot deduct anything.

    If she did pay it, under a relaxation of the rules that began last year YOU can claim it as it will be treated as a gift to you from her. Prior to this policy change you had to make the payments yourself in order to claim the deduction. That rule has been relaxed for closely related individuals.

    Also keep in mind that if you file MFS and one of you itemizes, the other MUST itemize even if it means taking a deduction of $ 0.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  4. Billy on Feb 10, 2014 Reply

    The one who actually paid these bills should claim them, but I doubt it will questioned. If you lived apart the entire year, you can file as single or head of household if maintaining a home for a dependent. This would save you money as married filing separately pays the highest tax rate and loses other benefits.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  5. Bobbie on Feb 10, 2014 Reply

    MFS will NOT work out that way at all.
    You are the owner of the property and your Name is the one that is liable for paying the mortgage payments at this time in your life.
    Hope that you find the above enclosed information useful. 02/10/2014

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  6. Pascal the Gambler on Feb 10, 2014 Reply

    If one of you itemizes, the other MUST also itemize, even if this is less than the standard deduction. Just one reason filing separately is a bad idea.

    If her name is not on the bill, she cannot claim them taxes and interest, period. You must both legally owe the money AND physically pay it.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes


Your Reply