Announcement

Collapse
No announcement yet.

Amort. Refi Points

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #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
    #2
    Points go on line 12 of schedule A if the taxpayer itemizes.

    Comment

    Previous template Next

    Disclaimer

    Collapse

    This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

    Working...
    X