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New Member
posted Feb 26, 2021 12:41:24 PM

If I purchased a home in 2019 but we used the standard deduction, can I claim the points in 2020 if I am now itemizing?

I purchased the home in 2019 in october. I did not claim the points and the loan was purchased by a new lender in late 2019. We did not itemize in 2020 but are doing so this year. Can I claim the points from 2019 that I never claimed?

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2 Replies
Expert Alumni
Feb 26, 2021 12:53:38 PM

No. You cannot deduct points paid in 2019 on your 2020 tax return.

New Member
Feb 26, 2021 1:56:10 PM

That is what i thought, but when i was itemizing the program asked me if i had points from 2019 that i hadnt claimed. Confused.