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To determine your deductions, you should add up the total payments allowed for tax deductions. Mortgage interest is one example, but you may also write off your property taxes article source mortgage points if they are on your primary residence. If you borrowed the mortgage this tax year, you could also deduct the mortgage points as a part of your itemized deductions.
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Whether you pay the points in cash at closing or roll them into your loan will affect how much of the points you can write off in source tax year.
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