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Get your taxes done using TurboTax
None of the settlement charges are deductible. They are added to the basis of the home and come into play at the time of the sale.
There used to be a provision for moving expenses related to a change in job, but that was repealed by TCJA in 2017. Moving expenses, unless you are in the military, are not longer deductible.
‎January 26, 2022
12:54 PM
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