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Deductions & credits
Thanks. That is what I thought as well. To make sure I understand what you said: say, 3 years ago, I paid $4500 for the original loan when I purchased the house. $300 is being deducted since that year. I can claim $4500-$300*3=$3600 as the previous refinance fee this year. Is that correct?
And, based on this year's comments that I saw on TT, it says it will keep track of this. I am assuming TT will automatically show the amount? But when I clicked "I have prior refinance fees let's take care of now" option, it didn't give me a number. Instead, it ask me to enter the info. How can I find out how much I should enter here?
Thank you!
‎February 22, 2022
5:33 AM