Skip to main content
Level 1
January 19, 2025
Solved

Is the V.A. home loan funding fee for a home I purchased in 2024 deductible on my tax return?

  • January 19, 2025
  • 1 reply
  • 2 views
No text available
    Best answer by DoninGA

    Expert Reviewed

    The VA Funding Fee was entered as a Mortgage Insurance itemized deduction on Schedule A.  

    The Mortgage Insurance deduction was removed from Schedule A after tax year 2021.

    1 reply

    DoninGA
    Level 15
    DoninGALevel 15Answer
    Level 15
    January 19, 2025

    Expert Reviewed

    The VA Funding Fee was entered as a Mortgage Insurance itemized deduction on Schedule A.  

    The Mortgage Insurance deduction was removed from Schedule A after tax year 2021.