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Level 2
Jun 1, 2019 6:02 AM UTC
Solved

Origination charges

Are origination charges the same as points? If so do I include all charges listed on contract under origination charges?
MargaretL
MargaretLAnswer
Alumni - Intuit
Jun 1, 2019 6:02 AM UTC

Yes, origination charges are the same as points. They are included on lines 801 and 802 on the  (HUD) statement.  Other closing documents may have different lines... And yes, you do include the amounts as your deduction. 

 

4 replies

MargaretL
MargaretLAnswer
Alumni - Intuit
Jun 1, 2019 6:02 AM UTC

Yes, origination charges are the same as points. They are included on lines 801 and 802 on the  (HUD) statement.  Other closing documents may have different lines... And yes, you do include the amounts as your deduction. 

 

Level 2
Jun 1, 2019 6:03 AM UTC
There is no line 802 and 802