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fmlhrn
Returning Member

My husbands daughter lives in Albania. He sends 250.00 monthly for child support. Can we claim that?I also refinanced this year. Is there anything I can claim from that

 
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SeanE1
New Member

My husbands daughter lives in Albania. He sends 250.00 monthly for child support. Can we claim that?I also refinanced this year. Is there anything I can claim from that

As Jerry mentioned, child support is never tax deductible.

If you refinanced your home in 2016, you may deduct the mortgage interest paid, property taxes in addition to taking the points and amortizing them over the life of the loan.  For example, if it is a 30 year loan and the points are $3,000, you would deduct $100 per year.  Please refer to the Link below for more refinancing advice.

https://ttlc.intuit.com/questions/2944981-i-refinanced-my-home

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2 Replies

My husbands daughter lives in Albania. He sends 250.00 monthly for child support. Can we claim that?I also refinanced this year. Is there anything I can claim from that

Child support is not deductible at all.
SeanE1
New Member

My husbands daughter lives in Albania. He sends 250.00 monthly for child support. Can we claim that?I also refinanced this year. Is there anything I can claim from that

As Jerry mentioned, child support is never tax deductible.

If you refinanced your home in 2016, you may deduct the mortgage interest paid, property taxes in addition to taking the points and amortizing them over the life of the loan.  For example, if it is a 30 year loan and the points are $3,000, you would deduct $100 per year.  Please refer to the Link below for more refinancing advice.

https://ttlc.intuit.com/questions/2944981-i-refinanced-my-home

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