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Are discount points tax deductible?

April 26, 2017deductible discount Points tax

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Are discount points tax deductible?

7 Answers

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In many cases they are. Contact your tax preparer or the IRS to obtain a qualified opinion and the best expert advice.

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In many cases they are, however, Nationwide Advantage Mortgage CompanySM is not a tax advisor. Therefore, we recommend you contact your tax preparer or the IRS to obtain a qualified opinion on the deductibility of discount points.

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In many cases they are. We recommend that you contact your tax preparer, Certified Public Accountant (CPA) or the IRS to obtain a qualified opinion on the deductibility of points.

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In many cases they are, however, Your Community Credit Union is not a tax advisor. Therefore, we recommend you contact your tax preparer or the IRS to obtain a qualified opinion on the deductibility of discount points.

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In many cases they are. We recommend that you contact your tax preparer, Certified Public Accountant (CPA) or the IRS to obtain a qualified opinion on the deductibility of points. See related Item: http://www.irs.gov/publications/p950/index.