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Are you itemizing deductions in your individual income tax return? Consider deducting home mortgage points. If you can deduct all of the interest on your mortgage, you may be able to deduct all of the points paid on the mortgage. If you cannot deduct all the interest on your mortgage then you cannot deduct all your home mortgage points. Consider checking Can I Deduct My Mortgage Related Expenses Interview on IRS website for deducting mortgage interest and points. You can deduct the points...