turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I am hearing that the pmi deduction is back and retroactive for 2017 as of Feb 12. When will this be shown in TurboTax? Should I wait to submit?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I am hearing that the pmi deduction is back and retroactive for 2017 as of Feb 12. When will this be shown in TurboTax? Should I wait to submit?

BIPARTISAN BUDGET ACT OF 2018    https://ttlc.intuit.com/questions/4241639

We really do not know how long it might take for the IRS and all of the tax prep software to be changed for this. The changes that must be made are quite complicated. You choices right now are messy—either wait for the changes to take place at the IRS and in the software, or file now and amend later.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

1 Reply

I am hearing that the pmi deduction is back and retroactive for 2017 as of Feb 12. When will this be shown in TurboTax? Should I wait to submit?

BIPARTISAN BUDGET ACT OF 2018    https://ttlc.intuit.com/questions/4241639

We really do not know how long it might take for the IRS and all of the tax prep software to be changed for this. The changes that must be made are quite complicated. You choices right now are messy—either wait for the changes to take place at the IRS and in the software, or file now and amend later.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question