fbpx

Tips for claiming a couple’s home loan interest deduction

If one of a couple holds a residence, he does not have any income and needs to file a tax return, so he cannot claim the home loan interest deduction. However, he can nominate his spouse to claim interest deductions, and the number of years of home loan interest deductions for which he is the nominee will be reduced by one year.

Regarding the deduction of interest on home loans for married couples, the Inland Revenue Department will not accept that they have their own homes. The Inland Revenue Department only allows the deduction of mortgage interest from one of the main residences. On the contrary, it is acceptable for a couple to move to their own residence after separation or divorce. Therefore, they can individually claim the mortgage interest deduction from the date of separation or divorce.

The date of divorce is based on legal documents, but the separation case may not have legal documents, so the date of separation may be unfounded. Therefore, each spouse must provide sufficient evidence to prove the date of separation.

The above information is for reference only. If in doubt, we welcome your tax inquiries

Leave a Comment

open chat
你好, 歡迎來到我們Mexus會計的網站, 如需會計及報稅的資訊, 我們會立即找專員聯絡你!

如想搜索免費的報稅資訊, 可看以下的連線:

https://mexus.com.hk/zh/報稅問與答-最熱門-不停更新/

如想搜索免費的成立公司資訊, 可看以下的連線:

https://mexus.com.hk/zh/服務提供/商業諮詢服務/成立公司秘笈-零蚊開公司的秘密/

感謝你的到訪, 希望有一天能為你服務