I refinance my mortgage, anything tax deductible

[stech]

Hello 

I refinanced my mortgage, anything tax deductible? any cost to do this is tax deductions? It is not a cash out refinance. Just better rate 

[JoannaB2]

Yes, you may deduct the deductible prepaid mortgage interests, real estate taxes, and loan origination fees or discounts from refinancing as long as the loan was used to buy or build up to $750,000 ($375,000 for single and married separate).

[stech]

Where does this info go on Sch A? Will I get it from HUD settlement 

[JoannaB2]

It depends.  Generally, prepaid mortgage interest and property taxes were reported on 1098 mortgage interests statement by the new lender. You may enter the amount of deductible closing costs from refinancing on Schedule A under Dedudtions and Credits) as long as it was used to build or buy a home up to $750,000 for married filing joint ($350,000 for single or married file separately).