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Deducting Points
I bought a new home in June 2024 and was charged points on the mortgage. The original mortgage was sold almost immediately so I received two 1098's. Once my old home sells I intend to pay off the new mortgage. TTax is only letting me amortize the points over the life of the loan but I want to deduct all of it in 2024. I've searched other posts and followed their directions but to no avail. I was thinking about just doing an override. Any ideas?
‎April 1, 2025
6:12 AM