Refinance points
1%-2% of loan
Can You Write Off Refinance Points?
Short answer: Points on a refinance are deducted over the life of the loan, not all at once.
When you refinance again or sell, the unamortized balance is deductible.
Records to keep: Keep receipts, statements (1098, 1098-T, 1099, W-2G), and a note of what each cost was for. Compare itemizing to the 2026 standard deduction before you claim.
BW-B22-00247
medium risk
Refinance points
1%-2% of loan
Individuals / Personal Taxes
Other Expenses
Personal Tax Deductions
Points on a refinance are deducted over the life of the loan, not all at once.
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Points on a refinance are deducted over the life of the loan, not all at once. When you refinance again or sell, the unamortized balance is deductible.
Category
- Personal Tax Deductions
personal deduction
search demand 2026
home mortgage
mortgage interest