You'll need to sign in or create an account to connect with an expert.
No. The escrow funds refunded to you by the lender don't go anywhere on any tax return. Money in escrow is your money that you already paid taxes on. It remains your money until the lender uses it to pay a property related deductible expense with. The refund of that money in your escrow account to you, is not a property related deductible expense.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
NeUnhappy
New Member
bruced63
New Member
frank790628
Returning Member
lueylu33-
New Member
taxdoofus
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.