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Mortgage insurance premiums

Donna1
Level 4

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

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

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3 Comments 3
abctax55
Level 15

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
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TaxGuyBill
Level 15
If they can't even keep the government open, I suspect that retroactively applying tax laws isn't on the top of the list.
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Donna1
Level 4
That is exactly what I was thinking. I just wanted to know if anyone had heard anything otherwise regarding the deduction.
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