Annual Mortgage Insurance Premiums?

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Pretty sure I know the answer to my question, but I want to run it by the “pros”. Doing my taxes and I’m to Form 1098. The form asks what my Annual Mortgage Insurance Premiums are.

This is the additional $ 40 “mortgage or loan” insurance I pay each month, correct? The IRS is not asking for information about my Nationwide Home Owners Insurance Policy (aka: Hazard Insurance). Thanks.

1 Comment
  1. Reply
    April 29, 2011 at 10:57 pm

    those mortgage insurance coverages are from gov’t insurance companies, not all mortgage insurance is deductible
    I have had only one client who ever was entitled to it

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