I have a question about claiming refinancing costs from 2013...I never claimed any costs and refinanced again in 2016. can i claim the refi costs from 2013

[DDollar · Accepted solution]

When you refinance, and you pay points and/or loan origination fees that are represented on the closing statement as a percentage of the loan amount (e.g. 1% or .5%) then you can deduct those costs over the term of the loan.  When you refinance again, the remaining points and origination fees that have not been deducted can be deducted in the year of the refinance.  So, you can deduct any points and loan origination fees from your 2013 refinance.  The amount will have to be adjusted for the deductions you didn't take in 2013, 2014, and 2015.