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New Member
posted Feb 19, 2021 3:15:24 PM

Also i need to file for buying a house in 2020 i have the form just don’t know how to file it

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2 Replies
Level 15
Feb 19, 2021 3:18:54 PM

Purchasing a personal residence is not reported on a tax return.

You can deduct as itemized deductions on Schedule A any mortgage interest paid, mortgage insurance paid, property taxes paid and points paid on the original loan in 2020.

 

Enter mortgage interest in the Search box located in the upper right of the program screen.  Click on Jump to mortgage interest

Level 15
Feb 19, 2021 3:23:14 PM

What form do you have?  A 1098 for the mortgage and property tax?  Maybe a 1099R?  Did you take a 401k or IRA distribution for the down payment etc.?