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Deductions & credits
My question was not whether or not I can deduct the points but how to get the TT software to not amortize them. I meet the criteria for deducting the points - even the TT info box stated that. Your link to the IRS website is not helpful & irrelevant. Please read the question carefully before responding.
I managed to fix the issue by going into Form mode - even though I had answered the questions correctly, the worksheet had marked that I had points that had to be amortized - I have no idea how the software selected that but at least its correct now.
‎December 14, 2023
2:22 PM