topic If the gain is less than $500K MFJ. On sale of home and I have been deducting points can I close out the balance of the points in a lump sum deduction? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-the-gain-is-less-than-500k-mfj-on-sale-of-home-and-i-have-been-deducting-points-can-i-close-out/01/376092#M47232 Tue, 04 Jun 2019 00:17:09 GMT ranelson16 2019-06-04T00:17:09Z If the gain is less than $500K MFJ. On sale of home and I have been deducting points can I close out the balance of the points in a lump sum deduction? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-the-gain-is-less-than-500k-mfj-on-sale-of-home-and-i-have-been-deducting-points-can-i-close-out/01/376092#M47232 Tue, 04 Jun 2019 00:17:09 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-the-gain-is-less-than-500k-mfj-on-sale-of-home-and-i-have-been-deducting-points-can-i-close-out/01/376092#M47232 ranelson16 2019-06-04T00:17:09Z Yes, if selling your property, you can deduct  the amount... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-if-selling-your-property-you-can-deduct-the-amount/01/376097#M47234 <P>Yes, if selling your property, you can deduct&nbsp; the amount of unamortized points on that mortgage in full in the year of the loan pay-off.<B></B><I></I><U></U><BR /></P> Tue, 04 Jun 2019 00:17:11 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/yes-if-selling-your-property-you-can-deduct-the-amount/01/376097#M47234 Marketstar 2019-06-04T00:17:11Z