There's no credit for FHA itself, but there are certain
items that you can deduct on purchase of a home; all of them are located in the
Deductions & Credits section, Your Home category:
1. Mortgage interest paid: Federal Taxes>Deductions
&Credits> Your Home, select Mortgage Interest and Refinancing
2. Points: Federal Taxes>Deductions
&Credits> Your Home, select Mortgage Interest and Refinancing (be sure to select an option
that applies to you on the Tell Us More
about Your Loan screen)
3. Real Estate Taxes: Federal Taxes>Deductions &Credits> Your Home>Property Taxes
4. Mortgage Insurance: Federal
Taxes>Deductions &Credits> Your Home> Mortgage Insurance
Settlement
fees, such as appraisal fees, attorney fees, inspection costs and legal and
recording fees are not tax deductible on a purchase of your home.
Please
refer to below link for details on Buying Your First Home:
https://turbotax.intuit.com/tax-tools/tax-tips/Home-Ownership/Buying-Your-First-Home/INF12009.html
