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joejmath
New Member

Should the Adjustment for Points not Reported on Form 1098 be a negative or positive number? I refinanced a loan and in doing so paid off all the points.

 
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1 Reply
PatriciaV
Expert Alumni

Should the Adjustment for Points not Reported on Form 1098 be a negative or positive number? I refinanced a loan and in doing so paid off all the points.

Yes, enter the points you paid as a positive number. The system will report this correctly on Schedule A (Itemized Deductions).

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