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Thought of another random question re: taxes.

Hubby died in October of 2009, which means I will file as single this year.

During the year, I paid for some things like real estate taxes and mortgage and the like which should be deductible. My husband was the only one on the mortgage and the house during our marriage.

The entities sending things like real estate tax receipts and mortgage interest tax papers have my husband's name on the documents. I can show things like cancelled checks to substantiate that I paid them.

As I understand it, I should not have a problem deducting this stuff because I am the one who actually paid it, even if my late husband's name is on the receipt. Am i understanding this right?

Thanks,
d
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Hubby died in October of 2009, which means I will file as single this year (emphasis added). Or, as some of us would say, "for 2010."

During the year, I paid for some things like real estate taxes and mortgage and the like which should be deductible. My husband was the only one on the mortgage and the house during our marriage.

And after his death?

This is not just nosiness. If the property and mortgage were transferred to you and the people issuing the statements just didn't update their records, yes, you can deduct the items you paid. Since you didn't get a 1098 in your SSN you report the mortgage interest on the Schedule A line for interest not reported on a 1098. You also get people to update their records.

If the property didn't transfer to you, what happened to it? Maybe one of the pros knows a way of deducting items for a property not in your name if you have an interest in it.

Phil
Rule Your Retirement Home Fool
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And after his death?

This is not just nosiness. If the property and mortgage were transferred to you and the people issuing the statements just didn't update their records, yes, you can deduct the items you paid. Since you didn't get a 1098 in your SSN you report the mortgage interest on the Schedule A line for interest not reported on a 1098. You also get people to update their records.

If the property didn't transfer to you, what happened to it? Maybe one of the pros knows a way of deducting items for a property not in your name if you have an interest in it.


The property in question was transferred to me when the estate closed in late December of 2010. The mortgage was paid off from life insurance proceeds so no need to update those records. The real estate tax was paid directly by me, and I expect it will come to me next year. The deed will be recorded with the county in the next week or so, which should trigger that process.

d
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