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2. Is private mortgage insurance (PMI) tax-deductible? - AOL

   www.aol.com/finance/private-mortgage-insurance...

   Most borrowers pay mortgage insurance premiums when putting down less than 20% on a home. ... a deduction for PMI premiums on their federal income taxes starting from the 2022 tax year.” PMI tax ...

3. Can You Deduct Homeowner’s Insurance on Your Taxes? - AOL

   www.aol.com/deduct-homeowner-insurance-taxes...

   Your homeowners insurance premiums aren't tax deductible, but you might be eligible for other property-related deductions. ... There was a mortgage insurance tax deduction from 2007 through 2021 ...

4. Tax tips for homeowners 2022: Tax credits and breaks - AOL

   www.aol.com/finance/tax-tips-homeowners-2022-tax...

   2. Home equity loan interest deduction. If you took out a home equity loan or line of credit in 2022, you might be able to deduct the interest paid during the year.

5. Is homeowners insurance tax deductible? - AOL

   www.aol.com/finance/homeowners-insurance-tax...

   According to the IRS, the itemized deduction for mortgage insurance premiums expired for 2022. Mortgage insurance is different from homeowners insurance premiums.

6. Taxes 2023: Here are the biggest tax changes this year - AOL

   www.aol.com/finance/taxes-2023-biggest-tax...

   In the 2022 tax year, many of those tax breaks expired. ... Homeowners who pay a mortgage insurance premium or for private mortgage insurance can no longer deduct this on their itemized taxes ...

7. Mortgage Interest Deduction: Limits and How It Works - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   Mortgage Insurance Premiums Private mortgage insurance is required if you make a down payment smaller than 20% of your principal balance. It is designed to protect lenders in the event that buyers ...

8. Can You Write Off Your Home Insurance on Your Taxes? - AOL

   www.aol.com/finance/write-off-home-insurance...

   Previously, you could deduct mortgage insurance premiums, including private mortgage insurance (PMI), but that deduction expired in 2021. Currently, if you live in your home and do not use it for ...

9. IRS Form 1098: Mortgage Interest Statement - AOL

   www.aol.com/finance/irs-form-1098-mortgage...

   Form 1098 is used to payments of mortgage interest, mortgage insurance premiums and points in excess of $600. Lenders and businesses that receive these payments are required to record them on Form ...