Points

Forum|Forum|4 years ago
April 12, 2022
1 reply
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I refinanced my home loan in 2021. I found that I had never claimed the point I paid to my previous lender. Can I claim all the points I paid in 2021? If so, how would I do that? Could I put the length of the loan as one year even though I had it for ten years? If I put ten years it will only allow me to claim 1/10 of the loan.

TurboTax Home & Biz Windows

H

HelenC12

No, you can't claim 100% of the points in tax year 2021 if you paid them 10 years ago. You can claim 1/10th.

It's also too late to file an amended return for a refund from 10 years ago. However, you can file amended returns for the past three years, if it makes a difference. See How to amend (change or correct) a return you've already filed?

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