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In the same section where you would ordinarily enter your mortgage interest. In TurboTax follow this path:
- Click on Federal Taxes TAB
- Click on the Deductions and Credits SubTAB.
- Choose the option "I'll choose what I work on".
- Find the section labeled "Your Home".
- Click start or update on the line labeled Mortgage Interest, Refinancing, and Insurance.
- Answer yes to the question of whether you have a home loan, or add another mortgage.
- Enter the lender name and hit continue.
- On the screen labeled "Tell Us More About Your Loan from your lender", check the option "This is a new loan" and hit continue.
- Enter the interest and information about the refinance on the subsequent screens.
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