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Deductions & credits
Follow these steps:
- Deductions and Credits:
- Mortgage Lender -Original
- Primary home
- Continue
- None of the above
- Continue
- Mort int
- Principal
- Date
- Continue
- Yes, secured
- Continue
- Points, continue
- Most recent, no,
- continue
- original, yes
- continue
- Add lender for refinance
- Primary home
- Continue
- None of the above
- Continue
- Mort int
- Principal
- Date
- Continue
- Yes, secured
- Continue
- Points, continue
- Most recent, no,
- HELOC/ refinance
- Yes
- Cash out - this is where things get messy, cash out for anything besides the house is not deductible interest -
- yes if you took money out
- No,
- continue
- add lender, sold first time
- Primary home
- Continue
- None of the above
- Continue
- Mort int
- Principal
- Date - same as refinance above
- Continue
- Secured, yes
- points, continue
- most recent, no
- continue
- original no
- heloc/ refi, yes
- cash out yes or no
- continue
- Add lender - final sold form
- Primary home
- Continue
- None of the above
- Continue
- Mort int
- Principal
- Date - same as refinance above
- Continue
- Secured, yes
- points, continue
- most recent, yes
- continue
- original no
- heloc/ refi, yes
- cash out yes or no
- continue
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‎February 14, 2022
4:21 PM