Should my PMI still be submitted even tho its not on my 1098? Does my 2018 home purchase qualify for a tax break as the last time I purchases a home was 2001?

[Ashby · Accepted solution]

For tax year 2018, the PMI deduction is currently unavailable. At this time we don't know when, or if, Congress will approve this deduction for tax year 2018. If the deduction is approved after your file your 2018 return, you can file an amendment to claim the deduction.

I do not believe this is going to change.

And, there are no special homebuyer's breaks or credits currently in place. You can deduct mortgage interest and real estate taxes. Real estate taxes do get lumped in with your state and local taxes that are now capped at a $10K maximum deduction.

[Lisa995]

PMI is no longer deductible, you don't need to enter it anywhere.