- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@thatjenn800 , as part of the closing you should have received a HUD-1 ( or equivalent ) that list the monies exchanged , expenses etc.. and of course your mortgage deed document ( there is also a disclosure document there . All these together will allow you to compute your total interest payment ( expected / planned ) for the year, the principle that you borrowed and also the remaining balance at the end of the year. The property taxes you paid , you can get from the city or your local govt. offices.
However, it is best to wait for the 1098 from the lender/ loan servicer. But this would allow you to pretty much get your return prepared, then con firm the figures when you receive the 1098s and then file.
Does this make sense ?