d***o
发帖数: 142 | | f*****n
发帖数: 211 | 2 the points you paid to broker can be also deduected if you itmize | c*******n
发帖数: 913 | 3
Points should be amortized through the term of the loan.
LZ should check the following items on the HUD-1 or Closing statement:
1) Daily interests paid via escrow. It is the mortgage interest paid during
the period of closing the escrow. States like from xx/xx/xx to xx/xx/xx,
number of days and @ $xx per day.
Most of the time, these interest was not included in the annual mortgage
interest statement 1098. You should be able claim these as additional
interest paid on Schedule A.
2) Real estate paid via escrow.
If you paid the real estate tax via escrow, you would be able to take those
payment as additional itemized deductions on Schedule A.
However, the transfer tax is not tax deductible.
3) Points, or so called loan origination fee
If you purchased a relatively low interest rate via points, you should be
able to amortized the points during the period of the loan.
Sometimes, the points was listed as loan origination fee. However, if the
lender provide any credit as an incentive for the loan, the credit should be
deducted from the loan origination first.
【在 f*****n 的大作中提到】
: the points you paid to broker can be also deduected if you itmize
| d***o
发帖数: 142 | | f*****n
发帖数: 211 | 5 the points you paid to broker can be also deduected if you itmize | c*******n
发帖数: 913 | 6
Points should be amortized through the term of the loan.
LZ should check the following items on the HUD-1 or Closing statement:
1) Daily interests paid via escrow. It is the mortgage interest paid during
the period of closing the escrow. States like from xx/xx/xx to xx/xx/xx,
number of days and @ $xx per day.
Most of the time, these interest was not included in the annual mortgage
interest statement 1098. You should be able claim these as additional
interest paid on Schedule A.
2) Real estate paid via escrow.
If you paid the real estate tax via escrow, you would be able to take those
payment as additional itemized deductions on Schedule A.
However, the transfer tax is not tax deductible.
3) Points, or so called loan origination fee
If you purchased a relatively low interest rate via points, you should be
able to amortized the points during the period of the loan.
Sometimes, the points was listed as loan origination fee. However, if the
lender provide any credit as an incentive for the loan, the credit should be
deducted from the loan origination first.
【在 f*****n 的大作中提到】
: the points you paid to broker can be also deduected if you itmize
| l****j
发帖数: 52 | 7 1) Daily interests paid via escrow. It is the mortgage interest paid during
the period of closing the escrow. States like from xx/xx/xx to xx/xx/xx,
number of days and @ $xx per day.
You should be able claim these as additional interest paid on Schedule A.
--------------
如果用Turbotax报税，这部分daily interests不知道怎么填。因为在Turbotax里如果
要claim利息，就必须是有1098表的，而这个daily interests是没有1098表的。难道修
改收到的1098表的数字(把这个利息加上)？？ | s*******9
发帖数: 177 | 8 coask
during
【在 l****j 的大作中提到】
: 1) Daily interests paid via escrow. It is the mortgage interest paid during
: the period of closing the escrow. States like from xx/xx/xx to xx/xx/xx,
: number of days and @ $xx per day.
: You should be able claim these as additional interest paid on Schedule A.
: --------------
: 如果用Turbotax报税，这部分daily interests不知道怎么填。因为在Turbotax里如果
: 要claim利息，就必须是有1098表的，而这个daily interests是没有1098表的。难道修
: 改收到的1098表的数字(把这个利息加上)？？
|
|
