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Get your taxes done using TurboTax
You do not report the "purchase" of the home.
Go to Federal> Deductions and Credits> Your Home to enter mortgage interest, property taxes, private mortgage insurance (PMI) and loan origination fees (“points”) that you paid in 2020. You should have a 1098 from your mortgage lender that shows this information. Lenders send these in January/early February.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
February 8, 2021
3:29 PM