Closing Costs & what line

wrote

None of those items are deductions for income tax purposes.

They add to your cost basis and are accounted for when sold to the extent that they will reduce any gain on the sale.

-- Paul Thomas, CPA snipped-for-privacy@bellsouth.net

those items are not deductible

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-----> real address on hobokeni or hobokenx

None of these is deductible. Everything but the lender's title insurance adds to your basis. The only things deductible are interest to the end of the closing month (should be included in your 1098 amount) and any prepaid property taxes you paid the seller at closing. (You didn't mention points, so I assume you didn't pay any or already know the treatment.)

-- Phil Marti Clarksburg, MD

You can't find a place to deduct them because they are not deductible when buying a home (I assume you are referring to your residence or vacation home). The expense becomes part of your cost basis.

-- Alan

You can deduct items reported on the settlement statement on lines 106, 107, 801 and 802. The interest reported on line

All of the fees mentioned above except the State Tax get capitalized as part of the basis of the home. You can include the other taxes on the state tax line of Sch A.

This is wrong. The transfer taxes are basis, not a Schedule A deduction. See IRS Pub 530.

-- Phil Marti Clarksburg, MD

Helpful website that spells everything out for you.