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Why would TurboTax ask - We paid points when we refinanced, purchased a second home, or opened a home equity loan in 2015. Wouldn't this be in 2015?
johnd1
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Why would TurboTax ask - We paid points when we refinanced, purchased a second home, or opened a home equity loan in 2015. Wouldn't this be in 2015?
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TurboTax Self Employed Online
June 6, 2019
3:33 AM
klgriff
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Deductions & credits
some points are spread out throughout the loan and you can deduct a percentage each year
June 6, 2019
3:33 AM
fanfare
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You must deduct points / N , where N is the term of your loan in years.
June 6, 2019
3:33 AM
