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Deductions & credits
The remaining points from the 2020 refinance become 100% deductible in 2021 when you did another refinance (paid of the 2020 loan). So on your 2021 tax return, you will deduct all of the remaining points from the 2020 refinance, and the amortize the 2021 refinance points over the life of the loan.
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‎February 8, 2022
7:45 PM