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Keith Said:

Does anyone know if the VA Funding Fee (mortgage insurance) is tax deductible?

We Answered:

If this fee is listed on a separate line of your 1098 Mortgage interest statement then yes it should be.
Most likely, however, it is not.

Timothy Said:

Is private mortgage insurance tax deductible now?

We Answered:

As of my tax return at the beginning of this year it was not. I live in illinois. It may be different state to state.

Larry Said:

Help w/ mortgage insurance tax deduction...?

We Answered:

Refer to IRS Publication 936.