Opus 17
Level 15

Deductions & credits

 There may be expenses on your closing statement that are not included in the 1098 you will receive from your lender. For example, when you closed, you paid a small amount of interest to care you from the closing date to the end of the month. That the daily interest is deductible but it might not be on your 1098.  Also, you probably paid a property tax adjustment to the seller that is shown on your closing statement but will not be on the 1098 from the lender. Those property taxes are deductible as if you paid them to the tax authority.  Finally, if you paid points, you can deduct them if you meet certain qualifications.  Points should be on your 1098, but if they are not, you can claim them anyway by answering the questions in TurboTax to see if you qualify. 

*Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.*