My 1098 shows that $8560 for points on my home purchase. The seller also contributed an additional $10,000 for points which is included in my closing disclosure.

[frankq]

Can we add the additional seller point contribution to our deduction?

[TomYoung · Accepted solution]

The IRS says "Yes":

"The buyer may deduct points paid by the seller, provided the buyer subtracts the amount from the basis or cost of the residence.

https://www.irs.gov/taxtopics/tc504.html

Tom Young