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Deductions & credits
@mrclhendrix - Unless it specifically says Property Taxes, it is not. Box 6 on the one I am looking at says points. Your property taxes may be in bo 10 or listed elsewhere on the statement.
If you have Points, they are also deductible.
Points are prepaid interest and may be deductible as home mortgage interest, if you itemize deductions on Schedule A (Form 1040), Itemized Deductions. If you can deduct all of the interest on your mortgage, you may be able to deduct all of the points paid on the mortgage.
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March 1, 2022
3:38 PM