Mortgage Insurance Tax Deduction Act of 2025

This bill would bring back and make permanent a tax deduction that expired. The deduction lets homeowners subtract the cost of mortgage insurance premiums from their taxes when they itemize deductions. Currently, people can only deduct mortgage insurance premiums they paid before 2022, but this bill would allow the deduction for premiums paid in 2022 and beyond. The deduction applies to mortgage insurance from government agencies like the VA and FHA, as well as some private insurance companies.

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