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New Member
posted Jun 6, 2019 12:27:09 AM

I've read that PMI is deductible in 2018. Has mine been deducted from my return?

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1 Replies
Level 15
Jun 6, 2019 12:27:11 AM

IRS Schedule A instructions (2018) - https://www.irs.gov/pub/irs-pdf/i1040sca.pdf

Expired deduction for mortgage insurance premiums . At the time these instructions went to print, the deduction for mortgage insurance premiums had expired. You can't claim a deduction for amounts paid or accrued after 2017.  

As of this date the Congress has not renewed the Mortgage Insurance deduction for tax year 2018