Mortgage Insurance Premiums Box Missing

The 2012 Form 1098 does not contain a box for qualified mortgage insurance premiums. This is likely due to the fact that the new tax bill was passed in January when mortgage companies were already in the process of issuing 1098s. The mortgage insurance premiums are deductible for 2012 and 2013, but could easily be overlooked if a tax professional does not specifically ask clients for the amount.
Recent Posts
Categories

Service Plans

At Tax Advisors of Cary, we know that every business is unique. That’s why we customize our services to fit your specific circumstances, offering personalized support and advice that’s relevant to your industry and business model. We offer several plans for both businesses and individuals. Download our PDFs to learn more.

For Businesses

We provide expert support and tools to simplify your business management.
Learn More
Download the PDF

For Individuals

At Tax Advisors of Cary, we offer tax prep and year-round financial consulting.
Learn More
Download the PDF

Recognitions

Many of our clients have been kind enough to share the positive experiences they’ve had working with us. We’re proud to share those with you. Our goal is to earn your praise as well.

Our Blog

The National Taxpayer Advocate Mid-Year Report

Every year, the Taxpayer Advocate Service submits a mid-year report to Congress that outlines serious problems facing taxpayers and makes recommendations on how to mitigate those problems. This article outlines the main takeaways from the report and solutions for the next filing season.

Read More
July 7, 2022

How To Handle The IRS CP2000 Letter

Every year, thousands of people across America get a CP2000 letter from the IRS. In this article, we explain what the CP2000 process and how to handle the IRS. We also outline the exact filing steps to combat a CP2000 letter.

Read More
June 15, 2022

Let's Get in Touch

We appreciate the opportunity to be of service. Use the form below to request more information. We will get back to you within 24 hours. We look forward to meeting you, whether virtually or in person!
Contact Us

Our Firm
Blog
Our Services
Individuals
Businesses
Contact Us
Address

219 E Chatham St
Suite 200
Cary, NC 27511

Scroll to Top