Look into this.
Lenders are obligated to provide clients with their 1098 statement by January 31, 2018. Following the form’s 2017 instructions, many left Box 5 for mortgage insurance premiums blank at this time. However, on February 9, 2018, the Bipartisan Budget Act of 2018 was signed into law, retroactively extending a number of tax provisions for the 2017 tax year. Among these changes was reauthorizing the treatment of mortgage insurance premiums as qualified residence interest for the 2017 tax year.
As a result of these changes, lenders may need to issue corrected 1098 statements to clients who paid mortgage insurance premiums in 2017 in Box 5.
