The recent budget bill re-instated the Mortgage Insurance deduction for 2017 tax year, but there is not a separate box on Turbo Tax for it. Should it be added to the Mortgage Interest amount, or entered in some other place?
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BIPARTISAN BUDGET ACT OF 2018 https://ttlc.intuit.com/questions/4241639
We really do not know how long it might take for the IRS and all of the tax prep software to be changed for this. The changes that must be made are quite complicated. You choices right now are messy—either wait for the changes to take place at the IRS and in the software, or file now and amend later.
BIPARTISAN BUDGET ACT OF 2018 https://ttlc.intuit.com/questions/4241639
We really do not know how long it might take for the IRS and all of the tax prep software to be changed for this. The changes that must be made are quite complicated. You choices right now are messy—either wait for the changes to take place at the IRS and in the software, or file now and amend later.
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