Is mortgage insurance tax deductible?

Zoe Mitchell | 2023-05-07 23:45:05 | page views:1849
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Zoe Kim

Studied at the University of Manchester, Lives in Manchester, UK.
You can deduct this entire amount. ... Mortgage insurance premiums are an itemized tax deduction. They're reported on line 13 of Schedule A, "Interest You Paid." You can't claim the mortgage insurance premiums deduction if you claim the standard deduction -C you must itemize using Schedule A.
2023-05-11 23:45:05

Benjamin Hayes

QuesHub.com delivers expert answers and knowledge to you.
You can deduct this entire amount. ... Mortgage insurance premiums are an itemized tax deduction. They're reported on line 13 of Schedule A, "Interest You Paid." You can't claim the mortgage insurance premiums deduction if you claim the standard deduction -C you must itemize using Schedule A.
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