DIY Products

DIY Products

Whether you’re an experienced do-it-yourselfer or doing your own taxes for the first time, this is your place to learn and share. Here you’ll find information and resources for using H&R Block’s online and software DIY solutions. You’ll also find links to more information to assist you on your DIY journey.

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Pioneer
Posts: 3
Registered: ‎01-11-2018

Is there a deduction for mortgage insurance premiums?

All I can find are articles from two years ago. My 1098-MORTGAGE form has an amount in box 5 for Mortgage Insurance Premiums, but I can't seem to find anywhere to put this in. I am using the Windows version (not the web version), if that helps at all.

 

Thanks!

Tax Pro
Posts: 6,071
Registered: ‎02-23-2016

Re: Is there a deduction for mortgage insurance premiums?

Hi MReprogle,

 

 

 

Welcome to the H&R Block community.

 

On Schedule A the mortgage insurance premiums are entered on Line 13.

 

If you're using the online software I can help you figure out where to enter the amount.  In desktop you should be able to choose between the interview and entering things directly onto the forms themselves.  For further assistance with desktop you can call support at 1-800-HRBLOCK.

 

 

If you have any other questions I'll be glad to help.

 

Louis,

Senior Tax Advisor (Tampa, FL)

Pioneer
Posts: 3
Registered: ‎01-11-2018

Re: Is there a deduction for mortgage insurance premiums?

Weird.. When I go there, I can edit most fields, but line 13 is labeled RESERVED and is unable to be edited. If I don't owe anything, does this field actually matter, or will is make no difference in my case? I figured that if it was on my 1098-MORTGAGE, there must be a reason, but I am not exactly tax-savvy..

Associate (Pioneer)
Posts: 18
Registered: ‎01-20-2015

Re: Is there a deduction for mortgage insurance premiums?

I assume you are working on your 2017 return.  The deduction for mortgage interest expired at the end of 2016.  So, barring any last-minute retroactive legislation, it is not available for your 2017 return.