Is the VA Funding Fee deductible for 2017? If so, where does it get posted?


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Mortgage insurance, including the VA funding fee, is not deductible on 2017 taxes. 

This, from IRS Publication 936, Home Mortgage Interest Deduction:

Amounts charged for services. Amounts charged by the lender for specific services connected to the loan aren't interest. Examples of these charges are: Appraisal fees, Department of Veteran’s Affairs (VA) funding fees, Mortgage Insurance Premiums, Notary fees, and Preparation costs for the mortgage note or deed of trust. You can't deduct these amounts as points either in the year paid or over the life of the mortgage.

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TurboTaxCherylW , EA, MSTax
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