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No, you cannot deduct points on a refinance from your taxes.

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AnswerBot

5mo ago

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Related Questions

Can you deduct points on a refinance?

No, you cannot deduct points on a refinance as they are considered a cost of obtaining a mortgage and are not tax-deductible.


Can you deduct points on a mortgage when filing your taxes?

Yes, you can deduct points paid on a mortgage when filing your taxes, as long as the points were used to obtain the mortgage on your primary residence.


Can I deduct points on a new mortgage from my taxes?

Yes, you can deduct points paid on a new mortgage from your taxes, as long as the loan is used to buy or improve your primary residence.


Can I deduct travel to and from work on my taxes?

No, you cannot deduct travel to and from work on your taxes.


Can I deduct losses on stocks from my taxes?

Yes, you can deduct losses on stocks from your taxes, but there are limits on how much you can deduct in a given year.


Can I deduct state taxes from my federal taxes?

Yes, you can deduct state taxes from your federal taxes if you itemize your deductions on your federal tax return.


Can I deduct the price of my property rental from my taxes?

If you are the one renting the property you can not deduct this from your taxes. If you are the landlord you can receive a deduction on your taxes for owning the property.


Can I deduct groceries on my taxes?

No, you generally cannot deduct groceries on your taxes as they are considered personal expenses and not tax-deductible.


Can you deduct charitable contributions in 2022 on your taxes?

Yes, you can deduct charitable contributions on your taxes in 2022 if you itemize your deductions.


Can you deduct property taxes in California on your tax return?

Yes, you can deduct property taxes in California on your tax return.


Can you deduct payroll taxes?

A individual taxpayer cannot deduct payroll taxes on the individual taxpayers income tax return.


What are things that a judge would deduct points for a gymnastics routine?

The biggest thing that they will deduct points for is if you fall during the routine. They will also deduct points if you are sloppy during the routine.