ThomasM125
Expert Alumni

Get your taxes done using TurboTax

Yes, the loan origination fee (points) on your primary mortgage has to be deducted in the year you take out the loan. If you refinance it later, the refinance points are deducted over the life of the loan, but that doesn't apply to the points on the original loan.

 

It is too late to amend your 2012 tax return, so you cannot deduct those points now.

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