What should I do when box 5 on form 1098 is blank for Mortgage Insurance Premiums? according to my loan documents I have payed 445.64 for Mortgage Insurance.

dart_the_dragoon · ‎June 4, 2019

MinhT · ‎June 4, 2019

The mortgage insurance deduction originally expired on December 31, 2016. It was then extended for 2017 by the Bipartisan Budget Act of 2018 signed on February 9, 2018.

This is why your form 1098 did not have the mortgage insurance in box 5. You can deduct the amount shown in your loan documents.

TurboTax has been updated to allow the deduction of mortgage insurance.

Please read this TurboTax FAQ for more information:

https://ttlc.intuit.com/replies/6585982

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What should I do when box 5 on form 1098 is blank for Mortgage Insurance Premiums? according to my loan documents I have payed 445.64 for Mortgage Insurance.