You may wish to review your answers to some of the questions about your mortgage loans. Be sure both are marked as secured by your main home and that the funds were fully used to buy/build your main home. These factors should allow you to choose between deducting and amortizing the points on the second loan.
Note: If you have already entered the 1098 from the lender that purchased the new loan, delete that from the 1098 list before you review the other two loans. Once you see the points are fully deducted, then enter the 1098 for the current loan.
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