NicoleU
New Member

Deductions & credits

Points are fees charged for acquiring a loan. These fees may also be called loan origination fees, maximum loan charges, loan discount, or discount points.

In TurboTax, please do the following:

  • Personal
  • Deductions & Credits
  • Your Home
  • Mortgage Interest, Refinancing, and Insurance, Click Start
  • Did you pay any home loans in 2016?
  • Who's your mortgage lender?
  • Do any of these uncommon situations apply to your loan with ____?
  • Let's get the details from your __1098 now
  • Did you take out this loan in 2016?
  • Did you pay points in 2016 when you took out the loan?, select I paid points when I purchased or refinanced to improve my main home in 2016. 
  • Then you will be able to select points are reported on my 1098