Amort. Refi Points

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  • superman
    Senior Member
    • Feb 2007
    • 158
    #1

    Amort. Refi Points

    I have a client that did a refi this year and did the amort.of the points. Are these subject to the 2% misc deductions or should they go on line 12? I am thinking line 12 but i am quite unsure!!! Thanks for any guidance.

    Superman
    Tags: None
    • dyne
      Senior Member
      • Jul 2005
      • 764
      #2
      Points go on line 12 of schedule A if the taxpayer itemizes.

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