KrisD15
Expert Alumni

Deductions & credits

Yes, IF YOU ITEMIZE deductions, rather than take the Standard Deduction. 

 

If you paid points on the financing of the new home, the points would be included as interest. 

 

Enter the items, such as property tax and interest, and the program will report which is more advantageous, Itemizing or taking the Standard Deduction. 

 

HERE is a link about Itemizing or taking the Standard Deduction 

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