How do I account/claim escrow (shortage) payment that I paid out of pocket in 2015?

barry-benham · ‎June 4, 2019

I paid $953.00 in escrow (shortage) cost before 31 Dec 2015

xmasbaby0 · ‎June 4, 2019

Your escrow shortage is not deductible. You can only deduct mortgage interest, property taxes paid in 2015, loan origination fees ("points", if any) and/or private mortgage insurance (if you had that) for 2015. This information would be on the 1098 you got from your mortgage lender in late January.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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How do I account/claim escrow (shortage) payment that I paid out of pocket in 2015?