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April 7, 2021
Question

Paid Origination & Discount Points but only able to input Origination Points

  • April 7, 2021
  • 1 reply
  • 0 views

We purchased a new home in 2020 and as part of this process, we paid both Origination Points (Fees) as well as Discount Points to get the overall interest rate of our Mortage down about a single percentage point. 

 

However, as I am inputing the data into TurboTax, only the origination points are available for input. How do I input the discount points paid when we opened the loan?

    1 reply

    KrisD15
    April 8, 2021

    The terms you use, Origination Points and Discount Points are the same thing. 

    I suggest you lump them together and enter the total amount as one entry into the TurboTax program. 

     

    IRS Link about points

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