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Deductions & credits
There is no way you can deduct the refinance fees in one year, as they apply to the life of the loan.
No, the original loan is not deductible as a prior refinance fee, just the remaining, unamortized balance of finance fees that you amortized on the original loan would be entered as the prior refinance fee.
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‎February 21, 2022
7:26 PM