https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-add-the-closing-costs-for-the-purchase-of-my-home/01/400265#M50600 Tue, 04 Jun 2019 19:56:46 GMT bmistas 2019-06-04T19:56:46Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-add-the-closing-costs-for-the-purchase-of-my-home/01/400265#M50600 Tue, 04 Jun 2019 19:56:46 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-add-the-closing-costs-for-the-purchase-of-my-home/01/400265#M50600 bmistas 2019-06-04T19:56:46Z https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-purchase-of-a-new-personal-residence-is-not-a-reporta/01/400272#M50602 The purchase of a new personal residence is not a reportable event.<BR />You can deduct mortgage interest, points, and real estate property tax paid at closing. You report those expenses along with other mortgage interest/property taxes paid in the year at<BR />Federal Taxes (or Personal if using Home and Business)<BR />Deductions And Credits<BR />choose I'll choose what I work on, if asked OR Jump to Full List<BR />My Home<BR /><BR />All other costs paid at closing, including transfer taxes, "stamps", escrow fees, etc., are NOT deductible from current income, instead you add them to the cost basis of your home and you will get the benefit when you sell. Tue, 04 Jun 2019 19:56:48 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-purchase-of-a-new-personal-residence-is-not-a-reporta/01/400272#M50602 jerry2000 2019-06-04T19:56:48Z