Yes, you can deduct the points paid on your return due the fact that they were added to your W-2. Had they just been reimbursed and NOT added to your wages it would not be deductible.
Points are deductible in the Mortgage interest area.
To enter mortgage interest
- Click on Federal Taxes (Personal
using Home and Business)
- Click on Deductions and
Credits
- Click on I'll choose what I
work on (if shown)
- Under Your Home
- On Mortgage Interest, click on
the start or update button
