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moran1041
New Member

Can I claim the MIP paid to hud that appears on my refi closing statement? I

I did not receive a 1098 from HUD
1 Best answer

Accepted Solutions
MargaretL
Expert Alumni

Can I claim the MIP paid to hud that appears on my refi closing statement? I

Yes, you can if the contract was issued after 2006.  Upfront MIP must be spread over 84 months or over the life of the loan, whichever is less.  Here's data entry: 

  1. Federal Taxes
  2. Deductions & Credits
  3. Your Home
  4. Mortgage Interest, Refinancing and Insurance - check the box that you have not received 1098 and continue through the interview.

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1 Reply
MargaretL
Expert Alumni

Can I claim the MIP paid to hud that appears on my refi closing statement? I

Yes, you can if the contract was issued after 2006.  Upfront MIP must be spread over 84 months or over the life of the loan, whichever is less.  Here's data entry: 

  1. Federal Taxes
  2. Deductions & Credits
  3. Your Home
  4. Mortgage Interest, Refinancing and Insurance - check the box that you have not received 1098 and continue through the interview.
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