The American Taxpayer Relief Act of 2012 addresses the deductibility of borrower-paid MI premiums and is addressed in an article published on the MGIC Website. Borrower-paid MI premiums are tax-deductible through the year 2013. Borrowers should consult their tax advisers regarding MI tax deductibility. Click the following link to read the full article: “MI basics: tax-deductible MI”
You may also download a PDF printout of the article by clicking on the image below:
