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kyle_jl · Joined: 27 Jan 2011 Posts: 2 1.50 Dollars($)

My ex-wife and I divorced at the end of June 2010.
The mortgage was already completly in my name while the title was in both of ours.

Looking at completing our income tax returns now, she would like to claim 25% of the property taxes and mortgage interest. That seems fair by my reading of the tax law. However with the mortgage being completely in my name, the IRS Form 1098 only has my name and social security number.

What should I provide my ex-wife and what can she/I claim on our tax returns?

jameshogg · Posted: Thu Jan 27, 2011 10:45 pm Post subject:

Hi kyle_jl,

In my opinion, you ex wife should have a word with a tax adviser and take his opinion in this matter. The tax adviser will guide her in this regard.

Thanks

kyle_jl · Joined: 27 Jan 2011 Posts: 2 1.50 Dollars($)

That doesn't really answer my question since I'm really looking for what MY tax implications are.

If she can claim 25% of the property taxes then I should only claim 75%.
If she can't claim any of the mortgage interest (since it's all in my name) then I would claim 100%.

adonis · Posted: Fri Jan 28, 2011 9:27 pm Post subject:

Welcome kyle_jl,

Though the title is in both the names, as the mortgage is solely in your name, you'll be able to claim 100% interest deductions. I don't think your wife will be able to claim any deductions.

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