PMI and Work Reimbursement
I purchase a home last year and my company reimbursed me for the PMI and other closing costs. These costs are reflected on my W2 in the form of a relocation reimbursement. Do I deduct the PMI on my taxes?
Second, I'm doing a refi this year, and will get the balance of the PMI back but will have to refund it. Would I deduct the refunding of the PMI, or is this nulified by the PMI refund I get?