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Level 2
June 5, 2019
Solved

I did not see where to add the hazard insurance, it shows it for 2016 but when I go to edit there is not a place to add? Bought flood insurance, can that be deducted?

  • June 5, 2019
  • 1 reply
  • 5 views
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Best answer by DoninGA

Hazard insurance, Fire and Casualty, on a personal residence, not used as a rental or in a business, is not deductible on a federal tax return and has not been deductible on a tax return ever.  Flood insurance for a personal residence is also not deductible on a federal tax return.

If you are referring to Mortgage Insurance, that deduction expired at the end of 2016 and has not been renewed or extended to tax year 2017.

1 reply

DoninGA
Level 15
DoninGALevel 15Answer
Level 15
June 5, 2019

Hazard insurance, Fire and Casualty, on a personal residence, not used as a rental or in a business, is not deductible on a federal tax return and has not been deductible on a tax return ever.  Flood insurance for a personal residence is also not deductible on a federal tax return.

If you are referring to Mortgage Insurance, that deduction expired at the end of 2016 and has not been renewed or extended to tax year 2017.

-123456Author
Level 2
June 5, 2019
Thank you!