carlw27
New Member

I purchased a house in 2023. I paid points to bring down the interest rate. I meet the criteria for deducting it in one year. Why is it forcing me to amortize.

I'd like to deduct the points in the year I paid for them. Turbo Tax seems to force me to amortize over 30 years. Yet, the TurboTax NOTE says you can deduct in the current year.  Help!