Per IRS Publication 530 Tax Information for Homeowners, page 8:

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

To enter your qualifying mortgage insurance premiums as an Itemized Deduction, please follow the steps below:

1. From within your TaxACT return (Online or Desktop), click on the Federal Q&A tab
2. Click Itemized or Standard Deductions to expand the category, then click Interest expenses
3. Click Continue or No until you reach the screen titled Itemized Deductions - Qualified Mortgage Insurance Premiums