Did PMI get extended for 2017?

Forum|Forum|7 years ago
June 6, 2019
15 replies
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TurboTax Premier Online

Lisa995

Alumni - Champ

Just recently yes....now the final forms need to be re-done with this retroactive change. What a mess, who knows how long till the form will be ready.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

SweetieJean

Alumni - Champ

and now the fun begins!

SYOHE4Author

Level 2

Yes, I filed my federal return 2 days ago. I’m wondering if it is worth it to amend the return

terkelbug78

Level 2

So do we wait to amend after receiving our refund?

Lisa995

Alumni - Champ

Yes, wait for the original return to complete processing....refund approved and sent. Then prepare the amended, print, sign and mail it in.

♪♫•*¨*•.¸¸♥Lisa♥ ¸¸.•*¨*•♫♪

alsh31

Level 2

Now that PMI has been extended ,Can I enter in mortgage insurance premiums into box 5? Working on my return now. My box 5 is blank but the info I need is listed below on the form. I called my mortgage company and they said I could put it in but to check with an accountant. At the time the 1098 was printed congress hadn't approved it. I just want to ensure I am doing this correctly.

macuser_22

Alumni - Champ

@alsh31 - TurboTax issued an update today that allows the box 5 PMI.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

alsh31

Level 2

macuser_22 wonderful thank you!

terkelbug78

Level 2

But if we've already filed and received our refund before PMI was reinstated, can we amend it online or do we have to print, mail, etc?

alsh31

Level 2

unfortunately, it must be amended