600284
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

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.

View solution in original post

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.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question