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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!
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‎January 27, 2024
8:27 PM