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View Full Version : Claiming Down payment as deduction


taxhelpwanted
Mar 5, 2006, 02:28 PM
Hello! I am a first time home owner. My question is whether I can claim DOWN PAYMENT on my home which I paid, as a deduction from taxes.
Thanks a lot for all this help.

AtlantaTaxExpert
Mar 5, 2006, 07:02 PM
No. The down payment is not deductible.