topic How do I figure out if &quot;I'm spreading the points (amortizing) over the life of my loan&quot;? #6 on my mort int statem. that says &quot;points paid on purch of principal res show 0 in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-figure-out-if-i-m-spreading-the-points-amortizing-over-the-life-of-my-loan-6-on-my-mort-int/01/722477#M95668 Thu, 06 Jun 2019 15:14:14 GMT beaulieu_greg 2019-06-06T15:14:14Z How do I figure out if "I'm spreading the points (amortizing) over the life of my loan"? #6 on my mort int statem. that says "points paid on purch of principal res show 0 https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-figure-out-if-i-m-spreading-the-points-amortizing-over-the-life-of-my-loan-6-on-my-mort-int/01/722477#M95668 Thu, 06 Jun 2019 15:14:14 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/how-do-i-figure-out-if-i-m-spreading-the-points-amortizing-over-the-life-of-my-loan-6-on-my-mort-int/01/722477#M95668 beaulieu_greg 2019-06-06T15:14:14Z If box #6 of your mortgage interest statement says 0, the... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-box-6-of-your-mortgage-interest-statement-says-0-the/01/722484#M95670 <P>If box #6 of your mortgage interest statement says 0, then the question doesn't apply to you.</P><P>This, from IRS Tax Topic 504, Home mortgage points:</P><P> <I>You can deduct points paid for refinancing generally only over the life of the new mortgage.</I> </P><P>If you refinanced, then you would spread the points over the life of the new loan.</P><P>Here is the entire topic for&nbsp; your perusal:</P><P> <A href="https://www.irs.gov/taxtopics/tc504" rel="nofollow" target="_blank">Home Mortgage Points</A> <B></B> <I></I> <U></U> <BR /> </P> Thu, 06 Jun 2019 15:14:16 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-box-6-of-your-mortgage-interest-statement-says-0-the/01/722484#M95670 CherylW 2019-06-06T15:14:16Z