Qualified mortgage insurance premiums provision has been extended. Qualified mortgage insurance premiums are treated as interest for the purpose of the mortgage interest deduction. The deduction phases out with an adjusted gross income of $100,000 to $110,000.
Above-the-line deduction for qualified tuition and related expenses
Qualified tuition and related expenses for higher education have been extended for 2017. The deduction is capped at $4,000 for individuals whose AGI is less than $65,000 ($130,000 for joint filers) or $2,000 for individuals whose AGI is less than $80,000 ($160,000 for joint filers).