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April 11, 2025
Question

Mortgage Interest

  • April 11, 2025
  • 1 reply
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My brother passed on October 9, 2023 and I inherited his home through in living trust. The home has been transferred into my name through the courts, however the mortgage is still listed in his name. Do I need to claim or can I claim the 1098 on my tax return being that I paid the mortgage all year round?

1 reply

April 11, 2025

If you made the mortgage payments, you can claim the home mortgage interest deduction if you are the owner of the home.