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Purchase of home

lo92677
Level 1

Where do you enter home purchase deductions 

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4 Replies 4
sjrcpa
Level 15

What do think is deductible?

And where do you think it is deductible?


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lo92677
Level 1

Sorry looking at refi paper work 

 

escrow fees

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sjrcpa
Level 15

Not deductible.


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George4Tacks
Level 15

Property Taxes go on Schedule A. 

If you were amortizing prior points, take the remainder as points. If there are new points begin to amortize these. https://www.irs.gov/taxtopics/tc504#:~:text=Points%20are%20prepaid%20interest%20and,Form%201040)%2C%....

 

 


ex-AllStar