Forbearance and deduction of mortgage insurance accrued but not paid. Given the forbearances that have been issued as a result of Covid, will the mortgage interest accrued but not paid in 2020 still

Be deductible?

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Forbearance and deduction of mortgage insurance accrued but not paid. Given the forbearances that have been issued as a result of Covid, will the mortgage interest accrued but not paid in 2020 still

No. To be deducible they must be paid.

Forbearance and deduction of mortgage insurance accrued but not paid. Given the forbearances that have been issued as a result of Covid, will the mortgage interest accrued but not paid in 2020 still

You cannot deduct any expense unless you actually pay it.

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