Pay mortgage insurance but not included with lender. Pay insurance speratly

[WillK · Accepted solution]

You can claim that even though it is paid separately. There are income phase out limits: "You can't deduct your mortgage insurance premiums if the amount on Form 1040, line 38, is more than $109,000 ($54,500 if married filing separately). If the amount on Form 1040, line 38, is more than $100,000 ($50,000 if married filing separately), your deduction is limited and you must use the Mortgage Insurance Premiums Deduction Worksheet to figure your deduction."

To enter in mortgage insurance premiums:

1. Log into your account

2 Click continue your return

3. On the top right corner you will see My account, click that

4. Click tools

5. Click Topic Search, enter in mortgage insurance premiums click go!

You are all set.