Who Can Claim the Mortgage & Property Tax Deductions in a Divorce?

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Who Can Claim the Mortgage & Property Tax Deductions in a Divorce?

By The BIDaWIZ Team on August 9th, 2012 at 11:00 am

Typically, spouses in a divorce focus most of their efforts on gaining custody of their children and maintaining residence in the family home. The judge in a divorce case will eventually make a decision on both issues, but the residence ruling can have a long lasting tax impact. Specifically, certain mortgage and property tax payments may be claimed in part or entirely on one or both spouses' tax returns. It depends on the language of the divorce decree and the guidance provided by the IRS. .

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