Closing cost is such a vague term. Different people have differ

definitions.  Some people confuse closing cost with prepay items like escrow reserve.  So make sure when you say closing cost, you know what you are referring to.

But in general, the closing costs are deductible but they have to be amortized over the life of the loan. 

Turbo Tax should guide you through.

所有跟帖: 

More information. -PineRock- 给 PineRock 发送悄悄话 (8462 bytes) () 03/30/2014 postreply 22:44:04

这是我见到最详尽的解释。谢谢! -Fay大道- 给 Fay大道 发送悄悄话 (0 bytes) () 03/31/2014 postreply 00:22:16

Thank you so much -家有大头- 给 家有大头 发送悄悄话 (0 bytes) () 03/31/2014 postreply 10:52:31

多谢大家这么热心的回贴,回去后会让老公好好看看。 -水果妈妈- 给 水果妈妈 发送悄悄话 (0 bytes) () 03/31/2014 postreply 06:21:28

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