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Estate and Trust Qualified Mortgage Insurance Premiums Phase-Out
1
Per the Instructions for IRS Form 1041, page 22:

Qualified mortgage insurance is mortgage insurance provided by the Department of Veterans Affairs, the Federal Housing Administration, or the Rural Housing Service, and private mortgage insurance (as defined in section 2 of the Homeowners Protection Act of 1998 as in effect on December 20, 2006).

Limit on the amount that is deductible. The estate or trust cannot deduct mortgage insurance premiums if the estate's or trust's AGI is more than $109,000. If the estate's or trust's AGI is more than $100,000, its deduction is limited and you must use the worksheet later to figure the deduction. See How to figure AGI for estates and trusts, later, for information on figuring AGI.
The comparable worksheet in the TaxAct program is titled Qualified Mortgage Insurance Premiums Deduction Worksheet - and can be viewed by following these steps:

ONLINE:
  1. Sign in to your TaxAct Online return
  2. Click the My Return button in the top right corner
  3. Click Print Center, then click the Custom tab
  4. Scroll down in the bottom section  (the bottom section lists documents received or worksheets) and click on the checkbox(es) to the left of the item(s) Federal Form 1041 Mortgage Insurance Premiums - Qualified Mortgage Insurance Premiums Deduction Worksheet  
  5. Click the Print button and then click the PDF link. The item will appear in a PDF read-only format. At that time you can click the printer icon on the screen to actually print, or close the window without printing.

 
DESKTOP:

  1. Start your TaxAct Desktop program
  2. Click on the Forms icon in the toolbar to open the Forms view
  3. Expand the Federal folder and then expand the Worksheets folder
  4. Click the '+' next to Form 1041 Mortgage Insurance Premiums - Qualified Mortgage Insurance Premiums Deduction Worksheet and then double-click the individual worksheet
  5. Click the Printer icon in the title bar.

In the print dialog box that appears you are able to choose if you wish to send the output to a printer or a PDF document. If you wish to only print preview the document, check the Print Preview box. Once the print preview window opens, click the Print button to actually print the document.