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How to correct amortization of mortgage refinance points? Tubotax added the non-rental portion to my 2020 return instead of amortizing it.
I rent 25% of my primary residence. I entered that percentage and the refinance amounts in the rental section. I saw 75% of the origin points appear as non-1098 mortgage interest on my 1040 line 8c. I thought the personal portion had to be spread out over the life of the loan. I also can't see where the rental portion of the expenses are being amortized.
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March 14, 2021
1:35 PM