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My mortgage insurance premiums and taxes and interest are not showing up in my deductions

 
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My mortgage insurance premiums and taxes and interest are not showing up in my deductions

Until the sum total of your itemized deductions (ie. medical, mortgage interest, mortgage insurance, property taxes, charitable giving, ct) exceed your Standard Deduction, you will receive your Standard Deduction.

Standard deductions for 2016 

  • Single - $6,300 add $1,550 if age 65 or older
  • Married Filing Separately - $6,300 add $1,250 if age 65 or older
  • Married Filing Jointly - $12,600 add $1,250 for each spouse age 65 or older
  • Head of Household - $9,300 add $1,550 if age 65 or older

Secondly, f you are subject to the Alternative Minimum Tax (AMT)- In calculating the AMT, you cannot take itemized deductions for state and local income tax, real estate taxes and personal property taxes, even though these are deductible on your regular return.


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