- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
construction loan to mortgage loan points
I converted from a construction loan to a mortgage loan in Feb. 2019. The 1098 from the bank has in block 6 the amount of points paid. This is my primary residence now. Turbo tax only gives me two choices when dealing with mortgage entries: spread out points over the 30 years of loan or no points paid. The help drop down box tells me I can deduct the all the points for 2019 if this was not for a second home, a home equity loan, or loan to refinance home. Where can I do this as turbo tax only offers amortize or no points paid?
Topics:
‎February 7, 2020
5:19 PM