We purchased a home last year through an FHA loan do we get a certain credit?

[MargaretL]

There's no credit for FHA itself, but there are certain items that you can deduct on purchase of a home; all of them are located in the Deductions & Credits section, Your Home category:

1. Mortgage interest paid: Federal Taxes>Deductions &Credits> Your Home, select Mortgage Interest and Refinancing

 2. Points: Federal Taxes>Deductions &Credits> Your Home, select Mortgage Interest and Refinancing (be sure to select an option that applies to you on the Tell Us More about Your Loan screen)

 3. Real Estate Taxes: Federal Taxes>Deductions &Credits> Your Home>Property Taxes

 4. Mortgage Insurance: Federal Taxes>Deductions &Credits> Your Home> Mortgage Insurance

Settlement fees, such as appraisal fees, attorney fees, inspection costs and legal and recording fees are not tax deductible on a purchase of your home.

 Please refer to below link for details on Buying Your First Home:

https://turbotax.intuit.com/tax-tools/tax-tips/Home-Ownership/Buying-Your-First-Home/INF12009.html