Can I Deduct?

Mortgage Insurance Premiums


In 2011, Mortgage Insurance Premiums paid in connection with acquisition indebtedness on a taxpayers primary or second home are deductible as mortgage residence interest.
The deduction phases out based on your filing status and AGI.
Answer Provided by: CPAdirectory

Share This Answer

Looking For More?

View all Can I Deduct? Questions

View More Questions