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Was the tax VA Funding fee/mortgage insurance deduction reinstated in Feb 2018 for loans originated in 2017? Why don't I see an impact on my taxes?

I've entered the amount on the program, but see no difference in the tax due.

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1 Reply
Carl
Level 15

Was the tax VA Funding fee/mortgage insurance deduction reinstated in Feb 2018 for loans originated in 2017? Why don't I see an impact on my taxes?

Until the total of all of your itemized deductions on SCH A exceed your standard deduction, the itemized deductions have no impact on your tax liability.

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