atllc
Level 1
‎12-06-2019 10:13 PM

The Qualified Insurance Premiums Smart worksheet indicates on line G the premiums will be recorded to schedule A, line 8D, which is reserved. Nothing is coming through there. How can I get the flow through (or override to the correct answer)

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garman22
Level 13
Level 13
‎12-06-2019 10:13 PM

MIP was not extended for 2018. Some say it might still be but....as of now, no. 

View solution in original post

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showse
Level 1
‎12-06-2019 10:13 PM
It was retroactively extended.  That is why many lenders have issued corrected 1098s.
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IRonMaN
Level 15
‎12-06-2019 10:13 PM
I don't think so.

Slava Ukraini!
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Just-Lisa-Now-
Level 15
Level 15
‎12-06-2019 10:13 PM
Back for the 2017 tax year it was extended later in 2018...but not for the 2018 tax year.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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abctax55
Level 15
‎12-06-2019 10:13 PM

".....It was retroactively extended.  That is why many lenders have issued corrected 1098s."

Wanna' provide some concrete back-up for that statement?   Seems to me all the pro's on this forum would know of that; altho I do admit to a lot of tunnel vision right now.

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
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Just-Lisa-Now-
Level 15
Level 15
‎12-06-2019 10:13 PM
I haven't seen any corrected ones....the originals seem to have the PMI already on them...not that it does any good.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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showse
Level 1
‎12-06-2019 10:13 PM
My bad. HR 284 was introduced to permanently extend it, but I now see it never got past Ways & Means
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Just-Lisa-Now-
Level 15
Level 15
‎12-06-2019 10:13 PM

Check IRS Publication 936, it was updated on Jan 24, 2019, it says the PMI deduction is gone for 2018.   

Tons of old articles out there on the internet that show its been extended, but they are wrong.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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