Donna1
Level 4
12-06-2019
09:47 PM
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Are we safe to start filing 2018 tax returns without including the Mortgage Insurance Premium deduction on schedule A or do you think that deduction will be extended to 2018?
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abctax55
Level 15
12-06-2019
09:47 PM
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Sure...go ahead. Just keep track IN CASE you need to amend. Us guessing what/when/if Congress will extend is impossible unfortunately. FWIW - the discussions on other list-serves lean towards it NOT happening.
HumanKind... Be Both
TaxGuyBill
Level 15
12-06-2019
09:47 PM
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If they can't even keep the government open, I suspect that retroactively applying tax laws isn't on the top of the list.
Donna1
Level 4
12-06-2019
09:47 PM
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That is exactly what I was thinking. I just wanted to know if anyone had heard anything otherwise regarding the deduction.
