My girlfriend and i own a house together (both names on deed). We are unmarried and file separate tax returns. I make significantly more money than she does and as far as all of our expenses go we could conceivably say that i pay 100% of the mortgage and taxes on the home (all bills are paid from my checking account). From what i have read, two unmarried people who own a home together can split the mortgage interest and taxes as they see fit as long as it adds up to no more than 100% of that paid.
My question is, Is it ok for me to claim 100% of the mortgage interest and property taxes on my itemized tax return while my girlfriend does not itemize and uses the standard deduction?
thanks for any and all help on this
My question is, Is it ok for me to claim 100% of the mortgage interest and property taxes on my itemized tax return while my girlfriend does not itemize and uses the standard deduction?
thanks for any and all help on this