If I refinance reverse mortgage, can I deduct interest ?

[sierra_lady]

Received a 1098 from my lender on a reverse mortgage that I refinanced

[JillS56]

Yes.   The rule of thumb is that the interest on a reverse mortgage is not deductible until it is paid.   If you refinanced the reverse mortgage, the first mortgage you had was paid and thus you received 1098 from the mortgage company and that interest can be deducted. 

This link talks about when interest on a reverse mortgage would be deductible.  

IRS Rule on Reverse Mortgage Interest