In the same section where you would ordinarily enter your mortgage interest. In TurboTax follow this path:
- Click on Federal Taxes TAB
- Click on
the Deductions and Credits SubTAB.
- Choose the
option "I'll choose what I work on".
- Find the
section labeled "Your Home".
- Click
start or update on the line labeled Mortgage Interest, Refinancing, and
Insurance.
- Answer yes
to the question of whether you have a home loan, or add another mortgage.
- Enter the
lender name and hit continue.
- On the
screen labeled "Tell Us More About Your Loan from your lender",
check the option "This is a new loan" and hit continue.
- Enter the
interest and information about the refinance on the subsequent screens.
