What is the name of your state?What is the name of your state? Wisconsin
Last year my fiance and I both sold our houses and bought a new house together. What are the laws about claiming mortgage interest, etc. on tax forms given that we paid ~80% of them on our old houses and ~20% (jointly) on the new one? Can we each claim ~10% from the new house or does one person have to claim all of it?
Many Thanks,
-C
Last year my fiance and I both sold our houses and bought a new house together. What are the laws about claiming mortgage interest, etc. on tax forms given that we paid ~80% of them on our old houses and ~20% (jointly) on the new one? Can we each claim ~10% from the new house or does one person have to claim all of it?
Many Thanks,
-C