For a mortgage refinance what do I enter for origination fees and points. Entering my origination fees seems way too high but the instructions aren’t clear
For a mortgage refinance what do I enter for origination fees and points. Entering my origination fees seems way too high but the instructions aren’t clear
Generally, mortgage origination fees are deductible and points have to be amortized over the life of the loan. This link to the TurboTax Help Page Mortgage Refinance Tax Deductions provides information on this subject that you may find useful.
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For a mortgage refinance what do I enter for origination fees and points. Entering my origination fees seems way too high but the instructions aren’t clear
look on the closing statement from your refinance.
there will be a line item(s) called 'origination fees and points"... you may or may not have them, based on how the mortgage was priced.
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