PMI paid is deducted in the year it was paid. You shouldn't have a carry forward for PMI. If you're over the income limit for the PMI deduction then you just do...
Not as of tax year 2017, homeowners are no longer able to deduct mortgage insurance premiums. The mortgage insurance deduction was introduced in 2006, and was l...
You could have claimed the MIP in 2016 but not 2017. Unfortunately not, as of tax year 2017, homeowners are no longer able to deduct mortgage insurance premiums...
