Are mortgage insurance premiums no longer deductible? Not giving that option on mortgage deductions

 
Carl
Level 15

Deductions & credits

PMI is no longer deductible beginning with the 2017 taxes.

Carl
Level 15

Deductions & credits

NOTE: Since the above answer, the president has signed this back into law. No, we have absolutely no idea of when the updated electronic version of the forms will be approved by the IRS so that TurboTax can release the updates for this. Could be next week, or could be one day before the tax filing deadline for all we know. Bottom line is, we flat out have no clue and do not know.