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New Member
posted Jun 6, 2019 10:44:57 AM

Per Trump's signature on 2/9, MIP/PMI was extended and includable as a deduction. When can I expect to see this available in the software?

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1 Best answer
Level 9
Jun 6, 2019 10:44:58 AM

This could take some time before the IRS get things updated and once they do, the TurboTax software will then be updated to reflect these changes just as soon we receive direction from IRS.

The IRS is currently reviewing the tax extender for MIP to determine next steps and you can see their statement here IRS Statement on Retroactive Extender Provisions 

Other Related Topics:

3 Replies
Level 9
Jun 6, 2019 10:44:58 AM

This could take some time before the IRS get things updated and once they do, the TurboTax software will then be updated to reflect these changes just as soon we receive direction from IRS.

The IRS is currently reviewing the tax extender for MIP to determine next steps and you can see their statement here IRS Statement on Retroactive Extender Provisions 

Other Related Topics:

New Member
Jun 6, 2019 10:44:59 AM

Thank you!

Level 9
Jun 6, 2019 10:45:01 AM

You are welcome!