Is FHA up front mortgage insurance tax deductible? If so, where do i enter this?

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Is FHA up front mortgage insurance tax deductible? If so, where do i enter this?

Yes, your FHA up front mortgage insurance is tax deductible- subject to certain income limits.

To report in TurboTax:

Click My Account (Top right of your screen).

Select Tools.

In the pop up window, select Topic Search.

In the search bar, type in mortgage insurance-insurance.

Highlight it and select GO, and follow the prompts.

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Is FHA up front mortgage insurance tax deductible? If so, where do i enter this?

Yes, your FHA up front mortgage insurance is tax deductible- subject to certain income limits.

To report in TurboTax:

Click My Account (Top right of your screen).

Select Tools.

In the pop up window, select Topic Search.

In the search bar, type in mortgage insurance-insurance.

Highlight it and select GO, and follow the prompts.

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