Yes -- Congress passed legislation last December that reinstated the deduction for Mortgage Insurance Premiums . To enter your mortgage insurance premiums, please follow these steps:
- Click on Federal > Deductions & Credits
- In the Your Home section, clicking the Start/Revisit box next to Mortgage Interest, Refinancing, and Insurance (Form 1098).
- If you've already entered information on your mortgage, you will be brought to the Mortgage deduction summary screen. Click the Edit box next to your lender's name. Continue through the screens until you reach Let's get the details from your [lender's name] 1098 now. Enter the Mortgage Insurance Premiums in Box 5 - Mortgage insurance Premiums.
