Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Showing results for 
Search instead for 
Did you mean: 
New Member

Did you pay points in 2012 when you took out the loan?

1 Reply
Employee Tax Expert

Did you pay points in 2012 when you took out the loan?

The question is being asked because if you amortized your points in 2012, instead of taking the full deduction, then the remaining balance would be accelerated if you are refinancing your loan.

You can look to your settlement statement of 2009 for points paid.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.



Manage cookies