I closed on my very first house November 23rd of 2015 . I did not claim the mortgage points on 2015 taxes can I do that for 2016 tax purposes?
03413
1 Best answer
bwa
Alumni
Jun 7, 2019 3:08:57 PM
Sorry, but points are only deductible in the year paid. You would have to amend your 2015 return.
3 Replies
bwa
Alumni
Jun 7, 2019 3:08:57 PM
Sorry, but points are only deductible in the year paid. You would have to amend your 2015 return.
qwacc
Returning Member
Jun 7, 2019 3:08:59 PM
Even if I didn't make a payment until jan1st?
bwa
Alumni
Jun 7, 2019 3:09:00 PM
Points are deductible when paid. If paid at closing, either from your purchase money deposit or signing the mortgage, it was paid in the year of closing.