Hi. I refinanced my home in 2022. I paid origination fees (points). Once I enter how much I paid in origination fees, Turbotax Deluxe prompts me to answer "Tell us about any points paid to XYZ2 Loan Services. Be sure to check all that apply to this loan (or refinance):
1. This is a new loan on which I paid points (origination fees) in 2022
2. I bought or improved my main home with this loan in 2022
3. I'm spreading the points over the life of my loan (amortizing)
4. I have no points to deduct for this loan
I check-marked option #1, but would I also check-mark option #2?
It then asks in the next page,"Is this loan a home equity line of credit (HELOC) or a refinance of a previous loan?
1. This loan is a home equity line of credit (HELOC)
2. This loan is a refinance of a previous loan
3. This loan is neither of these
I check-marked option #2
Lastly, when it scans for errors, it asks about my initial home loan lender. "Home Mortgage Interest Worksheet (XYZ1 Loan Services):" Refi must be entered.
1. No entry
2. Refinance Yes
3. Refinance No
I would check-mark "Refinance No" since the original home loan was not a refinance, correct?
Now when I go look at the home interest worksheet in the forms for the NEW loan (refinance), this screenshot below is what it's showing. I would think B would be Yes. I'm not sure why it's not recognizing it was refinance of a previous loan. Can you please help?
