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Deductions & credits
If points paid on a mortgage were for the purchase or improvement of a personal residence, they may be deducted in the year they are paid or amortized. Are you entering a mortgage statement for a mortgage that originated in 2021? Looking at your screenshot, it doesn't look that way. When did you take out the mortgage and pay the points?
Points paid to refinance a home mortgage are not deductible when paid, but must be capitalized and the deduction spread over the life of the loan (amortized).
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March 31, 2022
3:31 PM