I entered my Mortgage Insurance Premium but it is not being included in the total, only the mortgage interest paid for 2016?
To
meet the eligibility requirements for the mortgage insurance deduction:
You can only deduct qualified mortgage
insurance you paid in relation to your main or second home,
You must have started the mortgage
insurance contract after December 31, 2006.
You must itemize your deductions on Schedule
A.
The deduction for PMI
starts to phase out once your Adjusted Gross Income (AGI) reaches $100,000, or
$50,000 (married filing separately). The deduction for PMI disappears entirely
when your AGI reaches $109,000, or $54,500 (married filing separately).
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