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Deductions & credits
Understand that you flat out will not receive a 1098 for the 2020 tax year. That's because your first mortgage payment was not due until 2021. Therefore, all your allowed deductions (namely points (prepaid interest) and property taxes) that you can deduct for 2020, are on your closing documents you received at the closing.
March 30, 2021
11:55 AM
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