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sdelgado777
New Member

Hi I got a mortgage in 2016 and paid 727.55 in taxes paid on closing ,can I add this to my tax refund?

Hi I got a mortgage in 2016 and paid 727.55 in taxes paid on closing ,can I add this to my tax refund?
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Marketstar
Level 7

Hi I got a mortgage in 2016 and paid 727.55 in taxes paid on closing ,can I add this to my tax refund?

Lines 210 and 211(on your HUD-1 settlement statement) have county and city property tax info. This is the property tax you paid when you bought your home. You should add this to the rest of the property tax you paid during the year

See What Information Do I Need From My HUD Statement?

To enter real estate taxes, follow this sequence: Federal Taxes>Deductions &Credits> Your Home>Property Taxes

 




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1 Reply
Marketstar
Level 7

Hi I got a mortgage in 2016 and paid 727.55 in taxes paid on closing ,can I add this to my tax refund?

Lines 210 and 211(on your HUD-1 settlement statement) have county and city property tax info. This is the property tax you paid when you bought your home. You should add this to the rest of the property tax you paid during the year

See What Information Do I Need From My HUD Statement?

To enter real estate taxes, follow this sequence: Federal Taxes>Deductions &Credits> Your Home>Property Taxes

 




View solution in original post

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