JeffreyR77
Expert Alumni

Get your taxes done using TurboTax

You can add the interest manually in TurboTax from the closing disclosure. 

 

You may need to contact the lender to get their tax ID number. 

 

Points on the refinance are deductible over the period of the loan, so you can deduct this year's allocation of the points only this year. 

 

The remaining closing costs should be added to the basis of the property.  No other closing costs will be deductible on your tax return this year. 

 

What Closing Costs are Deductible on My Taxes