Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
No, No,


I'm really not trying to argue with you per se, perhaps just the position of our govenment (which probably explains why I am a libertarian).

I also just got of the phone with an IRS technical agent during my lunch. According to him, the person who's social security number is on the 1098 (and there will be only one) can take the entire deduction if its decided to do it that way. If you decide to split the deduction, the person who's SS number isn't on the 1098, will need to reference the return of the persons who's number is, in order to substantiate the deduction they are claiming. Since there is only 1 social security number to cross reference, only that persons return is subject to scrutiny. If they decide not to take the deduction, that is up to them.



Print the post  

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.