You'll need to sign in or create an account to connect with an expert.
Deductible items for your home purchase would be; interest, property taxes, mortgage insurance premiums and points. Deduct in the Your Home section under Deductions & Credits.
Items on closing disclosure form that may be deductible:
Other fees, such as commissions, attorney fees, preparation of deed, abstract fees, owner title insurance, recording fees are added to the basis of your home, and not deductible.
https://www.irs.gov/pub/irs-pdf/p936.pdf
Deductible items for your home purchase would be; interest, property taxes, mortgage insurance premiums and points. Deduct in the Your Home section under Deductions & Credits.
Items on closing disclosure form that may be deductible:
Other fees, such as commissions, attorney fees, preparation of deed, abstract fees, owner title insurance, recording fees are added to the basis of your home, and not deductible.
https://www.irs.gov/pub/irs-pdf/p936.pdf
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
ja19584
New Member
karlameyer
Level 1
lnk-fr
Level 2
zomboo
Level 6
g213
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.