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You don't report your down payment or mortgage payments directly on your tax return. However, you can deduct your real estate taxes and the interest you paid the seller in 2016 as part of your monthly payments.
To enter these deductions, go to Federal Taxes>Credits & Deductions>Your Home.
You don't report your down payment or mortgage payments directly on your tax return. However, you can deduct your real estate taxes and the interest you paid the seller in 2016 as part of your monthly payments.
To enter these deductions, go to Federal Taxes>Credits & Deductions>Your Home.
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