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Deductions & credits
Closing costs, including the below are not tax deductible but may increase the cost basis of your home which may benefit you in the event of sale.
- Attorney fees in connection with obtaining property
- Commissions
- State stamp taxes and transfer taxes
- Tax service fees
- Title policy fees or title insurance
- Miscellaneous abstracts of title, surveys, recording of deed
- Appraisal Fee
‎June 6, 2019
2:30 AM