Tag: insurance tax

Tax Code, Regulations and Guidance

When is mortgage insurance tax deductible?

December 5, 2016

Via: Investopedia

For tax year 2016, the tax deduction for private mortgage insurance (PMI) is allowed for mortgages taken out or refinanced after Jan. 1, 2007. If certain requirements are met, mortgage insurance premiums can be deducted as an itemized deduction on […]