can I take these deductions if she agrees? Her only income for 06 was my alimony.
2007-02-18 05:01:49 · 3 answers · asked by Livin' in NH 1 in Business & Finance ➔ Taxes ➔ United States
Thanks Bostonian... hmmm.. You can probably tell we're trying to maximize the value of the deductions (not let them waste away...) so any payments (mortgage interest or real estate taxes) would need to be in my name, not hers? what if they were made out of a joint account? Thanks!
2007-02-18 05:14:01 · update #1
No... I did not personally make the payments... she will not claim it but I was planning to as I (we) benefit collectively. but her only income was from my child support/alimony... so these deductions could conceivably go to waste? seems unfair and yes, the irony is not lost on me...
2007-02-18 11:57:18 · update #2
Only if you actually paid the interest. If you gave her alimony and she made the payments, she gets the deduction. She CANNOT give you the deduction. If she takes the standard deduction, nobody gets the deduction.
2007-02-18 05:08:25 · answer #1 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Did you actually pay the payments and therefore the interest? If she made the payments after the divorce, even if your name was still on the loan, then you couldn't take them. But if you did, then yes you can.
2007-02-18 11:29:24 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
I believe you could split it between the two of you.
2007-02-18 05:24:24 · answer #3 · answered by Lauren1980 3 · 0⤊ 2⤋