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February 23, 2023
Question

Points are not showing under Mortgage Interest

  • February 23, 2023
  • 1 reply
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I sold my home and purchased a new one in 2022. The house I sold had refinance points that I was deducting. When I enter, it says my balance on points is deductible, but it does not show on Schedule A.  I entered information on new home which did not have points.  Schedule  A is showing mortgage interest from both houses, but not he points.

    1 reply

    JosephS1
    February 24, 2023

    I am enclosing a screenshot for you to check on to make sure the points that were paid off is correctly checked.  As you go through the entry posts for the applicable 1098 please take note of the screenshot below and that the entries on your screen agrees with the information as you know it to be.  Items such as origination date, length, and original points paid should show on the screen similar to below.  Please not the information showing below is for example only:

     

     

    If the amounts entered are correct and the correct checks are made, a summary similar to below should show at the end of the 1098 entry:

     

     

    @missymilomax 

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