JohnB5677
Expert Alumni

Get your taxes done using TurboTax

If properly posted in Step by Step the points will be amortized over the length of the loan.

Go to:

  1. Deductions & Credits
  2. I'll choose what I work on
  3. Select Mortgage, Interest ...
  4. Select Edit on the Home Loan deduction summary.
  5. Post
    1. Lender
    2. Primary home
    3. None of the above
  6. The entry screen will come up. [Continue]
  7. Is loan secured by a property of yours?  Yes
  8. Tell us about the points paid.
    1. Select This is a new loan on which I paid points in 2022.
    2. [Continue]
  9. Tell us about your loan.
    1. Enter your point information.

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