I closed on my house on 11/28/16. The property taxes were paid by the seller. I made my first payment on the loan on 1/1/17. I didn't get any forms from the bank.
I closed on my house on 11/28/16. The property taxes were paid by the seller. I made my first payment on the loan on 1/1/17. I didn't get any forms from the bank.
You won't be able to claim mortgage interest until next year, but you could claim the seller-paid property taxes from your closing documents. To enter, go to:
Federal
Taxes > Deductions & Credits > Your Home > Property
Taxes
This won't benefit you if you are taking the standard deduction.
I closed on my house on 11/28/16. The property taxes were paid by the seller. I made my first payment on the loan on 1/1/17. I didn't get any forms from the bank.
You won't be able to claim mortgage interest until next year, but you could claim the seller-paid property taxes from your closing documents. To enter, go to:
Federal
Taxes > Deductions & Credits > Your Home > Property
Taxes
This won't benefit you if you are taking the standard deduction.
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