Points are fees
charged for acquiring a loan. These fees may also be called loan origination
fees, maximum loan charges, loan discount, or discount points.
In TurboTax, please
do the following, if loan was taken out in 2016 for your main home:
- Personal
- Deductions
& Credits
- Your Home
-
Mortgage
Interest, Refinancing, and Insurance, Click Start
-
Did you pay
any home loans in 2016? Click Continue
-
Who's your
mortgage lender? Click Continue
-
Do any of
these uncommon situations apply to your loan with ____? Click Continue
-
Let's get
the details from your __1098 now Click Continue
-
Did you take
out this loan in 2016? Click Continue
-
Did you pay
points in 2016 when you took out the loan?, select I paid points when I purchased or
refinanced to improve my main home in
2016.
- If not a main home, then select, I paid points when I refinanced, purchased a second home, or opened a home equity loan in 2016.
-
Depending on what you choose, whether it was you main home or
not, you will be able to include your loan origination costs
information.