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Get your taxes done using TurboTax
A rate lock fee is not a deductible closing cost (unless it was considered deductible "points"). If you didn't deduct the cost, the refund has no tax consequences.
If you did deduct the rate lock fee on a past tax return (whether as points, or by mistake) a refund of a past deduction is a "taxable recovery" and is listed under "other" or miscellaneous income.
‎January 18, 2023
10:47 AM
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