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Level 2
January 30, 2020
Question

Mortgage was transferred before my first payment was due on a new home and I paint $4K in points.

  • January 30, 2020
  • 4 replies
  • 11 views

My mortgage was transferred before my first payment was due on a new home and I paint $4K in points. The lender that bought the loan issued me a 1098 with all the interest but obviously not the points since they weren't involved in the original closing. Where do I enter the points I paid ($4K) exactly in TurboTax Deluxe?

 

    4 replies

    Level 10
    January 30, 2020

    You should be receiving a Form 1098 from the first mortgage lender. They have until January 31st to send you the document. If you do not receive the document you should call the first lender and request the document,

     

    If they will not send you the document you can enter the amount.

    1. Enter Mortgage Points in the Search Magnifying Glass in the upper right hand corner
    2. Select Jump to mortgage points
    3. Answer the questions on the screen and subsequent screens.
    Level 2
    January 30, 2020

    What does this mean?

     

    "Select Jump to mortgage points"