You'll need to sign in or create an account to connect with an expert.
No. The escrow funds refunded to you by the lender don't go anywhere on any tax return. Money in escrow is your money that you already paid taxes on. It remains your money until the lender uses it to pay a property related deductible expense with. The refund of that money in your escrow account to you, is not a property related deductible expense.
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.
Tunelooney60
New Member
catty_026
New Member
asungjereczek
New Member
jackreacher621
New Member
JENNYKOBERNIK
New Member