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Get your taxes done using TurboTax
You are correct. Schedule A, Lines 8b and 8c report mortgage interest and points, respectively, that were not reported on a Form 1098.
If you paid Points/Loan Origination that qualifies, you can deduct them even if they aren't reported on you 1098. You still enter the amount as though you have a Form 1098, by entering the information necessary for your deduction.
Be sure to review the article at this link to determine if your points are fully deductible or if they must be deducted ratably over the life of the loan.
- Can I deduct mortgage points?
- IRS Publication 936 (Check out Refinancing)
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‎February 18, 2021
9:20 AM