MORTGAGE INSURANCE is not adding to mortgage interest on schedule A. Client qualifies.

Forum|Forum|6 years ago
December 7, 2019
2 replies
16 views

2018 MIP not computing. I had clients who didn't get the deduction last year either due to Pro Series Screw Up. In the mean time, I'm holding for someone to answer the phone. How do I get it to compute?

ProSeries Professional

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Best answer by garman22

You will not as it has not been extended for 2018 here. They only have it there in case it gets extended or its there as some states did not conform to Federal guidelines.

G

garman22

Answer

Intuit Community Champion

You will not as it has not been extended for 2018 here. They only have it there in case it gets extended or its there as some states did not conform to Federal guidelines.

IRonMaN

Level 15

This is why the support hold times are so long. Folks really need to do a little bit of homework before they start blaming the software for their own lack of tax knowledge.

Slava Ukraini!

T

taxlady111

Level 2

I've done my homework and have waited for Proseries to update 2018 program for the MIP deduction, but nothing yet.

https://www.irs.gov/pub/irs-pdf/i1040sca_18.pdf

As you can see, it was changed in December of 2019, retroactive back to 2018 taxes. Maybe you should do your homework before trying to make an ass out of a fellow tax preparer who actually was correct and you were not!!