RaifH
Expert Alumni

Deductions & credits

Your second picture didn't show up. Can you clarify what is showing that is $4,000 higher than the interest you actually paid on your mortgage? The additional deduction due to the points is showing up on the first screen as $351. You generally deduct the cost of the points over the life of the loan, so if you paid about $10,000 in points for a 30-year loan that would come out to about $351.