HoneyBadger6198
Level 3
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This is not correct. To make this work you have to add the points paid to the interest paid. In order to determine if you can legally do so, follow these IRS ru...
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This is correct. Here are the rules:Points are allowed to be deducted ratably over the life of the loan or in the year that they were paid. You can deduct the p...
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Thank you. This worked. It's too bad that Turbo Tax gets paid, but expects customers to man the service lines for free! Nevertheless, thank you - your answer sa...
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OK, thanks. I've already done my taxes for this year, but I will certainly look into that for the next.
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Right, that works for most people including you, but not us. If we have a kid in college and we list those expenses it throws everything off. Those two should h...
Activity Feed for HoneyBadger6198
- Got Cheered for Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to.... April 4, 2024 11:30 AM
- Posted Re: Points on Deductions & credits. March 24, 2022 7:37 PM
- Posted Re: Points on Deductions & credits. March 24, 2022 7:36 PM
- Cheered Re: Points for DaveF1006. March 24, 2022 7:34 PM
- Cheered Re: Points for karwine. March 24, 2022 7:32 PM
- Posted Re: Don't enter your 1098-T if your employer reimbursed you f... on Education. March 22, 2022 8:18 PM
- Cheered Re: Don't enter your 1098-T if your employer reimbursed you f... for preguero. March 22, 2022 8:16 PM
- Cheered Re: Don't enter your 1098-T if your employer reimbursed you f... for Monte_Alban. March 22, 2022 8:06 PM
- Got Cheered for Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to.... May 2, 2021 1:04 PM
- Got Cheered for Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to.... May 2, 2021 1:03 PM
- Posted Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to... on Deductions & credits. July 17, 2020 3:11 PM
- Cheered Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to... for staceydyer1971. July 17, 2020 2:51 PM
- Posted Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to... on Deductions & credits. July 17, 2020 2:49 PM
- Posted Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to... on Deductions & credits. July 17, 2020 2:29 PM
- Got Cheered for Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to.... July 17, 2020 1:14 PM
- Posted Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to... on Deductions & credits. July 3, 2020 12:14 PM
- Got Cheered for Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to.... July 3, 2020 10:43 AM
- Posted Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to... on Deductions & credits. February 16, 2020 9:43 PM
- Posted Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to... on Deductions & credits. February 16, 2020 9:41 PM
- Posted Re: I am having trouble with the Teachers Expenses part of the process. There’s nowhere for me to... on Deductions & credits. February 16, 2020 7:51 PM