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If a taxpayer who paid points to lower the rate of inters on a refinanced loan pays off the mortgage early The points are deducted

If a taxpayer who paid points to lower the rate of inters on a refinanced loan pays off the mortgage early
The points are deducted estable over the life of the original loan
The points are not deductible on schedule A
The remaining points are deducted on schedule A the year the loan is paid off
The unused points reduce the basis of the property

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