TurboTax FAQ
TurboTax FAQ
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What information do I need from my HUD statement?

The HUD statement you recieved when you bought your home has a lot of numbers on it an it can be overwhelming for a new homeowner.

You might not need your HUD statement to do your taxes. Most of the info you need is on your 1098, which you can expect to get from your mortgage lender in January or February.

Lines 210, 211, 801 and 802 of your HUD statement can be relevant for your taxes.

Lines 210 and 211 have county and city property tax info. This is the property tax you paid when you bought your home. You should add this to the rest of the property tax you paid during the year.

Lines 801 and 802 are your mortgage points, which probably are deductable. This information will be on your 1098 too.