Why can't I deduct mortgage insurance?

jillpietrucha — Sat, 01 Jun 2019 15:25:49 GMT

After entering mortgage deduction Turbo Tax inserted a comment about waiting for mortgage insurance to be approved would they would let me know

That deduction has expired. Last year, Congress made tax...

KrisD — Sat, 01 Jun 2019 15:25:51 GMT

That deduction has expired.

Last year, Congress made tax changes after the tax filing season started. TurboTax added this comment in case they did it again for tax year 2018, but so far, no changes have been made.

The deduction for mortgage insurance has been eliminated.

According to the IRS:

"The entire list of expired provisions is below....

Premiums for mortgage insurance deductible as interest that is qualified residence interest (sec. 163(h)(3))"

https://www.irs.gov/forms-pubs/legislative-impact-on-tax-forms

topic Why can't I deduct mortgage insurance? in Deductions & credits

Why can't I deduct mortgage insurance?

That deduction has expired. Last year, Congress made tax...