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Level 2
February 6, 2023
Solved

Mortgage Recast fees

  • February 6, 2023
  • 1 reply
  • 0 views

Are recast fees on a mortgage tax deductible. If so, where on Turbotox home & business do you enter that information?

Best answer by Vanessa A

No, recast fees are not deductible as a home mortgage expense.  These are basically service fees, which are not deductible on Schedule A.

 

 

1 reply

Vanessa AAnswer
Level 15
February 6, 2023

No, recast fees are not deductible as a home mortgage expense.  These are basically service fees, which are not deductible on Schedule A.

 

 

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vman2Author
Level 2
February 6, 2023

thx