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Returning Member
posted Mar 23, 2020 4:30:07 PM

Morgage interest from a newly refinanced reverse mortgage

I took out a reverse mortgage that was finalized in December. The HUD mortgage insurance premium that was prepaid was $10.800.00. Where in Turbo Tax can I declare my payment. This was an amount that was on the closing statement. The end of year Reverse Mortgage Statement only lists interest and insurance as an accrued item and does not show paid interest from the closing statement.

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1 Replies
Level 15
Mar 24, 2020 8:26:19 AM