Clients of mine divorced and remarried each other in the same year. Each resided in their respective homes for part of that year. The wife for the entire year. Can the second home's deductible expenses be claimed on schedule A? Both homes are still owned by the couple.
Are their any other tax laws pertaining to situation?
I know this sounds like a middle school math homework question but...
Thank you for your help.
Best Answer Click here
If it was a middle school homework question, it would have started with if a "train leaves from Chicago". The taxes and interest would be deductible.
You betcha!
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.