I just bought a house in dec 2007 I don't know if I have been in the house long enough to file long form?
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I just bought a house in dec 2007 I don't know if I have been in the house long enough to file long form?
Probably not for 2007.
The reason is simple: the interest in terms of points and loan origination fees and the real estate taxes paid for 2007 are NOT higher than the standard deduction.
For 2008, you will get to itemize and claim a full year of mortgage interest and real estate taxs, but NOT for 2007.
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