Mortgage interest statement for surviving spouse

Forum|Forum|5 years ago
March 29, 2021
9 replies
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My client's husband passed away in 2018 and the home is now part of her husband's estate. The title is under the surviving spouse's name but not the mortgage form. I see the form still has her husband's social security number. Will I still be able to include the form in her return for tax purposes? Or is there a different process for an estate?

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Best answer by jeffmcpa2010

If I had that situation - She has title to the residence, The Mortgage (in whatever name) is secured by her

residence, and she is making the payments, I am deducting the Mortgage Interest.

But I may put it on a line that doesn't reconcile to the 1098, Like line 8b

J

jeffmcpa2010

Level 10

Who is making the payments?

If she is making the payments, Which are a debt against property she owns (title in her name with a mortgage against it) I would claim the interest on her return. (Don't know if that is totally correct, but it seems reasonable at least.)

If she is not making the payments - not sure, I am having a hard time explaining to my self deducting that the taxpayer is not paying.