In Completing the form1098 TurboTax only allows a deduction of $40 for the $6,038 Points Paid and noted in line 6 of the form 1098. In searching IRS Pub 936 it indicates that the full amount cand be deducted in the year paid"
Here is excerpt for pubications
Deduction Allowed in Year Paid
You can fully deduct points in the year paid if you meet all the following tests. (You can use Figure B as a quick guide to see whether your points are fully deductible in the year paid.)
Note.
If you meet all of these tests, you can choose to either fully deduct the points in the year paid, or deduct them over the life of the loan.
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Generally, the Internal Revenue Service (IRS) allows you to deduct the full amount of your points in the year you pay them. If the amount you borrow to buy your home exceeds $750,000 million ($1M for mortgages originated before December 15, 2017), you are generally limited on the amount of points that you can deduct. The IRS also imposes the following requirements to deduct mortgage points:
If you aren't able to deduct your points in the year you pay them, you may still qualify to deduct them over the life of the loan.
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