199112
PMI 2018 is now allowed???
You'll need to sign in or create an account to connect with an expert.
No, the PMI deduction is not currently allowed.
https://www.irs.gov/forms-pubs/legislative-impact-on-tax-forms
The deduction for PMI expired at the end of 2017 and as of this date Congress has not renewed the deduction for tax year 2018.
See IRS Schedule A Itemized Deductions instructions on the first page - https://www.irs.gov/pub/irs-pdf/i1040sca.pdf
Expired deduction for mortgage insurance premiums
. At the time these
instructions went to print, the deduction
for mortgage insurance premiums had
expired. You can't claim a deduction for
amounts paid or accrued after 2017.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
PKeefe01
New Member
av8rhb
New Member
chroberts
New Member
ramkitti
New Member
MLM123
New Member