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Heard HR 109 passed and made PMI deductible for 2017 how do I add it to 1098 on turbo tax

Forum|Forum|7 years ago
June 4, 2019
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TurboTax Deluxe Online

Best answer by xmasbaby0

BIPARTISAN BUDGET ACT OF 2018 https://ttlc.intuit.com/questions/4241639

We really do not know how long it might take for the IRS and all of the tax prep software to be changed for this. The changes that must be made are quite complicated. You choices right now are messy—either wait for the changes to take place at the IRS and in the software, or file now and amend later.

DoninGA

Employee

After the IRS approves the calculation and the entry on the Schedule A which may take several weeks. And then the IRS has to approve the calculations and the Schedule A included in the TurboTax software.
See this IRS website - <a rel="nofollow" target="_blank" href="https://www.irs.gov/newsroom/irs-statement-on-retroactive-extender-provisions">https://www.irs.gov/newsroom/irs-statement-on-retroactive-extender-provisions</a>

X

xmasbaby0Answer

Employee

BIPARTISAN BUDGET ACT OF 2018 https://ttlc.intuit.com/questions/4241639

We really do not know how long it might take for the IRS and all of the tax prep software to be changed for this. The changes that must be made are quite complicated. You choices right now are messy—either wait for the changes to take place at the IRS and in the software, or file now and amend later.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**