2022 new home construction cost that i can deduct

[jones135]

Built a new home in 2022 with a construction loan.  Jan 2023 construction loan converted to a standard mortgage loan. This is my primary residence that I now live in.  I live in wa. state.  What cost can i claim on my 2022 taxes?

[tagteam]

@Critter-3

[Critter-3 · Accepted solution]

If you itemize deductions then you can claim the RE taxes and the Mortgage interest reported on a form 1098 issued in January for the prior tax year.  No other costs of building a primary residence are mentioned anywhere on an income tax return.