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cscheckel
New Member

Is there tax credit available for morgage insurance?

 
1 Reply
MichaelMc
New Member

Is there tax credit available for morgage insurance?

If you itemize deductions, rather than take the standard deduction, private mortgage insurance (PMI) premiums paid during the tax year can be deducted.

Open your return, search for “PMI” or "pmi - real estate insurance" and click the “Jump to” link. This will take you to the Did you have any home loans in 2016? screen. Follow the instructions and enter the relevant information.

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