what refinancing costs are tax deductible

Submitted by vinny on Sat, 09/26/2009 - 18:59.
::
What refinancing costs are tax deductible? Taxpayers who took advantage of low interest rates to refinance their mortgages may be eligible to deduct some costs associated with their loans. To calculate the annual deduction amount, divide the total points paid by the number of payments to be made over the life of the loan. Taxpayers with adjusted gross income above $139,500 – $69,750 if married filing separately also face limits on the amount of deductions they can take.
No answers posted yet
Be the first to add an Answer
tags: 
refinance tax deductible, are points on a refinance tax deductible, are points paid on a refinance tax deductible, closing costs refinance tax deductible, refinance tax credit, refinance tax deduction, refinance tax deduction 2009, refinance tax credit 2009, refinance tax implications, refinance tax cash out, refinance tax break, refinance cost estimate, refinance costs tax deductible, refinance cost calculator, refinance costs deductible, refinance cost benefit calculator, fha streamline refinance costs, how much does a refinance cost, what refinancing costs are tax deductible?, refinance cost tax deductible, tax deductible refinancing costs, tax deductible refinance charges, tax deductible refinance, origination fee tax deductible refinance, loan origination fee tax deductible refinance, loan discount fee tax deductible refinance