Qualified Mortgage Insurance Premiums Phase-Out Worksheet
The worksheet in the TaxAct program titled Qualified Mortgage Insurance Premiums Deduction Worksheet – Calculation for Schedule A, Line 13, calculates the amount of the qualified mortgage insurance premiums allowed to be deducted on the return based on the adjusted gross income on the return.
To view this worksheet in the TaxAct program:
- From within your TaxAct Online return, click Print Center in the left column.
- Click Custom
- Click on the checkbox(es) to the left of the item(s) Federal Schedule A Mortgage Insurance Premiums – [Name]. You may need to scroll down in the section to locate the item.
- Click Print and then click the PDF link. Click the printer icon or the save icon (available when you hover your mouse over the bottom of the PDF form) to print or save the PDF copy.
Note: If you see a message indicating you have not paid your return fees, click the View/Pay link, which will direct you through the Paper Filing steps. Continue through the screens until you have processed the payment for your product fees and then repeat the steps to print.
- Start your TaxAct Desktop program
- Click on the Forms icon in the toolbar to open the Forms view
- Expand the Federal folder and then expand the Worksheets folder
- Click the ‘+‘ next to Schedule A Mortgage Insurance Premiums – Qualified Mortgage Insurance Premiums Deduction Worksheet and then double-click the individual worksheet
- Click the Printer icon above the worksheet to print. You can choose to send the output to a printer or a PDF document. If you wish to only print preview the worksheet, check the Print Preview box.