Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
C
champidh
June 3, 2019
Question

Closed on a house in december 2016

  • June 3, 2019
  • 1 reply
  • 0 views
We closed on our house on December 29, 2016. Does this need to be reported?

1 reply

K
KatrinaB48
June 3, 2019

Purchasing a new home is not a reportable event. However, you can deduct mortgage interest, points, and real estate property taxes paid at closing. You can report these expenses under the federal taxes tab, under deductions and credits.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Sign In Widget
TurboTax flag icon

Unlock tailored help options in your account

Create an account
TurboTax Expert Assist
TurboTax Expert

Get answers to all your tax questions

Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

Terms & ConditionsAccessibility statement
Intuit
TurboTax Credit Karma QuickBooks MailChimp

©1997-2022 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
of Intuit Inc. Terms and conditions, features, support, pricing, and service options
subject to change without notice.

Security Certification of the TurboTax Online application has been performed by
C-Level Security.

By accessing and using this page you agree to the Terms of Use.

Accessibility

TRUSTe nResult Certified e-File C-Level Security Certification