What is hazardous insurance that shows on my 1098?

cberger-gmail-co · ‎January 24, 2024

in hazardous insurance the same as homeowners insurance?

xmasbaby0 · ‎January 24, 2024

Yes----hazard insurance is the homeowner insurance you get for flood, fires, sudden damage to your home etc. It is not deductible for your personal home.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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xmasbaby0 · ‎January 24, 2024

Yes----hazard insurance is the homeowner insurance you get for flood, fires, sudden damage to your home etc. It is not deductible for your personal home.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

DoninGA · ‎January 24, 2024

Yes, they are the same. Homeowners Insurance and/or Hazardous Insurance are not deductible on your tax return for a personal residence, not used as a rental or in a business.

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What is hazardous insurance that shows on my 1098?