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Where do I recognize points paid when they are not noted on the Form 1098?
We refinanced this past October and paid points to the Company A with which we conducted the transaction. Before the first regular payment was due, the loan was transferred to Company B. We received the Form 1098 from Company B, but it does not denote the points we paid presumable because they were paid to Company A. Company A is telling us to take the points off the settlement sheet, but I do not know were to insert them in Turbo Tax. Turbo Tax asks if we paid points to Company B and technically we did not. But are we supposed to say we did? Just trying to do the right thing...
‎February 8, 2021
5:37 PM