As of May 14 2024, the IRS says you can deduct mortgage insurance premiums in the year paid for a rental property. How do I do this on TurboTax?

https://www.irs.gov/faqs/sale-or-trade-of-business-depreciation-rentals/rental-expenses/rental-expen...

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As of May 14 2024, the IRS says you can deduct mortgage insurance premiums in the year paid for a rental property. How do I do this on TurboTax?

You have to enter the income and expenses for your rental property on Schedule E.

See this TurboTax support FAQ - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-income-ex...

As of May 14 2024, the IRS says you can deduct mortgage insurance premiums in the year paid for a rental property. How do I do this on TurboTax?

You can deduct mortgage insurance premiums by entering it as a rental expense, and categorizing it as Insurance (on line 9 of Schedule E).

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