Prepaid interest paid at closing from buying home
If you bought a home in 2024 and have prepaid mortgage interest at closing as shown on the HUD closing statement, where do you enter that in FreeTaxUSA Itemized deduction mortgage section? Besides the Morgage 1098 form question, I only see these other two related questions (1) Did you pay mortgage interest on a Form 1098 issued in the name of another person? (2) Did you pay mortgage interest on a seller-financed loan?
Prepaid mortgage interest from closing is deductible according to the IRS Pub 936 - Home Mortgage Interest Deduction which says: Prepaid interest. If you pay interest in advance for a period that goes beyond the end of the tax year, you must spread this interest over the tax years to which it applies. You can deduct in each year only the interest that qualifies as home mortgage interest for that year.
The Schedule A form line 8b is where interest paid not reported on a 1098 should go but I don't see the question for that unless I am overlooking it. Am I missing anything?