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Deductions & credits
I suggest that you refer to https://www.irs.gov/instructions/i1040sca 2021 Instructions for Schedule A. Pay particular attention to instructions for Lines 8a - 8d. Instructions for line 8c state: "Points are shown on your settlement statement. Points you paid only to borrow money are generally deductible over the life of the loan. See Pub. 936 to figure the amount you can deduct. " Points are discussed beginning on page 5.
To enter this in TurboTax, click on the "Search" link in the upper right corner, next to the magnifying glass.
Type "Mortgage interest statement" in the text entry box.
Click on the link "Jump to Mortgage interest statement"
Follow the steps and instruction in that TurboTax conversation.
March 23, 2022
8:54 PM