We purchased our home in 2003, refinanced with a new lender in 2009, and refinanced with another new lender in March 2021. The loan was then sold twice. So, we've got four 1098s for our property for this tax year (original refinance lender + 3 companies that we paid mortgages to during the year). Question is: For each form, TurboTax asks when was the home purchased. is the answer to this question (a) 2003, when the house was initially purchased? Or (b) For the initial refinance, indicate 2009, for the second refinance indicate 2021?
Or... is the answer "it doesn't really matter," since it appears TurboTax is saying we're better off with the standard deduction anyway?
The purchase date is the date you bought the home.
Even if you are taking the standard deduction on your federal you might be able to itemize your deductions on your state return.
Thanks, just be sure I'm interpreting correctly: "the date I purchased the home" would be the original purchase, back in 2003 - not the 2009 or 2021, when a new refinance loan was taken, correct?