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champidh
New Member

Closed on a house in december 2016

We closed on our house on December 29, 2016. Does this need to be reported?
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‎June 3, 2019 4:43 PM
last updated ‎June 03, 2019 4:43 PM
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KatrinaB
Intuit Alumni

Closed on a house in december 2016

Purchasing a new home is not a reportable event. However, you can deduct mortgage interest, points, and real estate property taxes paid at closing. You can report these expenses under the federal taxes tab, under deductions and credits.

‎June 3, 2019 4:43 PM
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