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shuvneel
New Member

We bought a home in Jan 2024. Would we be eligible for any credit due to the mortgage in 2023 tax computation?

 
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AmyC
Employee Tax Expert

We bought a home in Jan 2024. Would we be eligible for any credit due to the mortgage in 2023 tax computation?

If you bought the home in 2024, you did not pay any tax in 2023. You paid tax in 2024 so it goes on your 2024 tax return and you can include the taxes you paid at closing.

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