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I bought a home in December of 2016 but my first payment isn't due until January 2017 was there any tax breaks I could have had ?

I bought a home December of 2016 my first payment is not due until February. Are there any tax breaks? The only money I forked out was a 10 percent down payment?
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Carl
Level 15

I bought a home in December of 2016 but my first payment isn't due until January 2017 was there any tax breaks I could have had ?

When you get to the "YOUR HOME" section under the deductions and credits tab in the program, answer YES to the question of "Did you own a home in 2016?" and work it through. YOu will need to have the HUD-1 closing statement that you received at the closing in front of you.

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