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How do I deduct "prepaid interest" from refinance closing? New lender did not prepare 1098 as this was an end of year refinance.
This "prepaid interest" amount is listed under the section "Prepaids" not "Initial Escrow" so I would assume it would be tax deductible as it covered the last month prior to the first mortgage payment at the start of the year. TurboTax doesn't appear to give me the option to just add a one off deduction not tied to a 1098.
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March 9, 2021
8:23 PM