I sold my house. Am I able to write off the excise tax that I paid?

Answer 1

bold4bs is correct, but increasing the basis has the same effect as a deduction - it lowers your taxable income by that amount. But if you qualify for exclusion of the gain on the sale of your house, and your gain is less than the limit of the exclusion, then you would get no tax benefit from any of the closing costs.

Answer 2

The excise tax you pay at closing increases the basis in the property, which reduces the gain you made.

It is not considered a "write off", it is considered an adjustment to basis.

Answer 3

You can not itemize it. The first answer is the correct treatment.