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Purchase of home

lo92677
Level 3

Where do you enter home purchase deductions 

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4 Comments 4
sjrcpa
Level 15

What do think is deductible?

And where do you think it is deductible?


Ex-AllStar
lo92677
Level 3

Sorry looking at refi paper work 

 

escrow fees

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sjrcpa
Level 15

Not deductible.


Ex-AllStar
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%....

 

 


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