You'll need to sign in or create an account to connect with an expert.
After you enter your Form 1098 for your mortgage interest, there will be a question asking if you paid points on your loan.
When you indicate that you are spreading the points over the life of the loan (amortizing), you will be able to enter the details of your loan and the points you paid so that the current year deductible amount can be calculated and reported on Schedule A line 8c.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
yipytya
New Member
adabel0293
New Member
vagus1200
New Member
bradleycharleshunt
New Member
livingston1
New Member