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Old 09-11-2013, 04:39 PM
 
2 posts, read 37,624 times
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BTW - The IRS announced within the last couple weeks if a same sex couple is married in any legal state (how does the IRS know), they can file MFJ as any opposite sex couple, in anywhere they live in or out of the United States.
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Old 02-15-2015, 09:04 PM
 
1 posts, read 1,099 times
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My boyfriend and I live together. We have a child together. The mortgage note is in his name and he makes that payment. I pay all other household bills. I have the higher AGI. I can file HOH with the dependent child. The standard deduction is higher due to HOH filing status, therefore; can my boyfriend who would be filing Single and no dependents take the full mortgage interest on his return since it would be greater than the standard deduction? Both of us filing this way are eligible for EIC. Can we both take EIC on each return?

Last edited by FMI2014; 02-15-2015 at 09:29 PM..
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Old 02-15-2015, 09:42 PM
 
Location: MID ATLANTIC
7,522 posts, read 17,299,243 times
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Be very careful. IRS has numerous filters and the audits hit on average 2.5 years after filing. Make darn sure your income supports the deduction you take. I have personally had a family member take some of the interest when another party made the payment, even when she had the 1098 in her name. The routine IRS check showed there was no way her income could have supported 100% of the payment.
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Old 02-16-2015, 01:17 PM
 
175 posts, read 137,955 times
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Quote:
Originally Posted by FMI2014 View Post
My boyfriend and I live together. We have a child together. The mortgage note is in his name and he makes that payment. I pay all other household bills. I have the higher AGI. I can file HOH with the dependent child. The standard deduction is higher due to HOH filing status, therefore; can my boyfriend who would be filing Single and no dependents take the full mortgage interest on his return since it would be greater than the standard deduction? Both of us filing this way are eligible for EIC. Can we both take EIC on each return?
A consultation with a qualified tax professional is in order, I'm afraid. This could be a surprisingly complex situation.

Fair or unfair, right or wrong, that's probably the only good advice you can receive from this forum.
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Old 01-10-2016, 11:26 AM
 
1 posts, read 727 times
Reputation: 10
Quote:
Originally Posted by Skydive Outlaw View Post
That year while separated, she filed a 1040 with no schedules and took the standard deduction. I was getting all of our mail, and had the mortgage interest statement which showed over $18k in mortgage interest and over $3k in property taxes and had my accountant use them with my return. Needless to say, the extra $21k deduction was a great bonus and totally ok with the IRS.

If a married couple files separately, and one of the couple itemizes, then the other must itemize. If one member claims the standard deduction and the other itemizes, there could be a problem if the IRS figures it out.
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Old 01-29-2018, 06:38 PM
 
1 posts, read 177 times
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I’m unmarried and bought a house together with my unmarried sisters living together in the house, can one of us can claim the mortgage interest deduction since they’re not itemizing deductions can I claim it on my returns.
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Old 01-29-2018, 07:01 PM
 
Location: Kansas City North
3,571 posts, read 6,603,289 times
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Quote:
Originally Posted by mhonrom View Post
I’m unmarried and bought a house together with my unmarried sisters living together in the house, can one of us can claim the mortgage interest deduction since they’re not itemizing deductions can I claim it on my returns.
How (who?) is actually making the mortgage payments?
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