I paid ~$8K to buy down loan points for a new home purchase. This is shown on my Escrow Settlement Statement under heading "Other Loan Charges" - "1.25% of Loan Amount Points". However, my form 1098 box 6 shows only ~$1K on Points paid. I am already deducting the amount on my form 1098. Do I also deduct the $8K from my Escrow Settlement statement? Do I deduct the residual $7K or the full $8K? Do I add a new Lender line on TurboTax for the $8K, or do I alter what's I report on 1098? They are same bank. TurboTax seems to think there are Mortgage related charges that are deductible but may not be included on 1098. But, directions are not clear how to resolve this. Thank you for your help.
