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Mortgage Recast fees

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

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1 Best answer

Accepted Solutions
Vanessa A
Expert Alumni

Mortgage Recast fees

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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2 Replies
Vanessa A
Expert Alumni

Mortgage Recast fees

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

 

 

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

Mortgage Recast fees

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