We purchased a new home in December 2018....where do we enter that information....

[LinaJ2018]

The purchase of a new personal residence is not a reportable event.  However, you can deduct mortgage interest, points, and real estate property tax paid at closing. To enter the information in the program, here are the steps (online):

• Sign in to your account and select Take me to my return
• To your left, select Federal Taxes
• From above, select Deductions And Credits
• Follow prompts to answer questions
• On the screen, select all tax breaks
• Under All tax breaks / Your Home enter your information
• Please see the attached screenshot

All other costs paid at closing, including transfer taxes, "stamps", escrow fees, etc., are NOT deductible from current income, instead you add them to the cost basis of your home and you will get the benefit when you sell.