You do not enter the closing disclosure on the tax return. There are some closing cost that might be deductible on your taxes but the Closing disclosure is for your records.
You should have received a Form 1098 for the amount of deductible Mortgage interest you received.
Your closing costs on your new home are not deductible except for prepaid interest, prepaid property tax or loan origination fees. There are no deductions for appraisal, inspections, settlement fees. etc.
Your down payment is not deductible.
Your homeowners insurance for fire, hazard, flood, etc. is not deductible for your own home.
Home improvements, repairs, maintenance, etc. for your own home are not deductible.
A Closing Disclosure is a document that outlines the final terms and expenses of a mortgage, including the loan amount, interest rate, estimated monthly mortgage payments and closing costs. Lenders are required to provide home buyers with their Closing Disclosure at least 3 business days before their loan closes.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
