mwpope Posted April 1, 2010 Report Share Posted April 1, 2010 How would one know if mortgage insurance premiums paid at a refinancing is deductible as Qaulified Mortgage Insurance Premium if not reported on a 1098? My client refinanced his home in 2009. On the settlement form is "Mortgage Insurance Premium for 12 months to Radian Guaranty, Inc." for $2,290 (which is 1% of the loan). Quicken Loans originated the loan, and it is now services by JP Morgan Chase. Neither Radian, Quicken, nor Chase has issued a 1098. When I call any of these entites I get no clear answer other than it's the other entites responisbility to report. Per PUB 936 "Mortgage insurance premiums. The amount of mortgage insurance premiums you paid during 2009 may be shown in box 4 of Form 1098. ("may" being the key word) Quote Link to comment Share on other sites More sharing options...
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