Sunday, March 24, 2013

Deducting Mortgage Insurance Premiums

JC Leahy

In January, 2013, the American Taxpayer Relief Act extended the provision regarding Mortgage Insurance Premium deductibility for the 2012 tax reporting year.  If there is an amount in Box 4 of the Form 1098 your receive from your mortgage bank, the provision applies to you. 

1 comment:

  1. Mortgage insurance premiums may be tax deductible. To qualify, the insurance policy must be for home acquisition debt on a first or second home. Natural Deodorant

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