I entered my mortgage insurance premiums (block 5 on 1098) into Turbotax but on the 2015/2016 Deduction & Credits overview it reflects a zero?

[Marketstar · Accepted solution]

To meet the eligibility requirements for the mortgage insurance deduction:

• You can only deduct qualified mortgage insurance you paid in relation to your main or second home,

• You must have started the mortgage insurance contract after December 31, 2006.

• You must itemize your deductions on Schedule A.

  The deduction for PMI starts to phase out once your Adjusted Gross Income (AGI) reaches $100,000, or $50,000 (married filing separately). The deduction for PMI disappears entirely when your AGI reaches $109,000, or $54,500 (married filing separately).

  Have you itemized all of your deductions?