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Old 03-16-2006, 09:35 AM
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Mortage interest deduction

Texas. Got behind on my mortage and did a re-finance with my mortage company. Basically borrowed the past due (Mostly interest) and tacked it on the end of my note. When I recieved my deductable interest statement from my mortage company, this amount wasn't included. Shouldn't I be able to deduct this from my taxes as interest paid?
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Old 03-16-2006, 10:10 AM
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No, because you didn't pay it, you financed it.

Snipes
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