turbotax icon
turbotax icon
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Yes No
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?
posted
‎June 3, 2019 4:43 PM
last updated ‎June 03, 2019 4:43 PM
0
1
633
Reply
Bookmark Icon
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
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
0
596
Reply
Bookmark Icon

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post

Featured forums
Taxes
Lower Debt
Investing
Self-Employed
All topics

Unlock tailored help options in your account.

Live Assisted: Get answers to all your tax questions! Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Live Assisted. Explore your options!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

user17760428125
tamachan414
tgfirst
Graphite
pmarrblake