- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
What do you mean by "deduct all of the remaining points from the 2020 refinance"?
Does this mean that I will put down the exact dollar amount within my 2021 Tax return for the amount that I paid in points for the 2020 refinance?
"And then amortize the 2021 refinance points over the life of the loan."
Does this mean that I will put down the exact dollar amount within my 2022 Tax return for the amount that I paid in points for the 2021 refinance?
Please clarify.
‎February 9, 2022
7:18 AM