1002797
You'll need to sign in or create an account to connect with an expert.
PMI is no longer deductible. It would have been included in Itemized Deductions so if you take the Standard Deduction, you don't need to worry about it.
PMI Is now deductible for 2019 and 2020 and retroactive for 2018. See article below to see if you qualify
To enter your PMI mortgage insurance, type '1098' in the Search area and then 'Jump to 1098'.
After you enter the Mortgage Interest from box 1 of your Form 1098, the next screen has places to enter additional information from the 1098, including mortgage insurance premiums.
You are correct that this is an itemized deduction that you may not be able to take advantage of; however, you may want to enter it anyway for your records.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Acanex
Level 2
hgomez23
New Member
mms4063
Level 1
shon_benham
New Member
avadventurespllc
New Member