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wizbang37
Level 1
February 8, 2023
Question

Where do I enter the Hazard Insurance Disbursement made from my Escrow?

  • February 8, 2023
  • 2 replies
  • 4 views
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2 replies

X
Level 15
xmasbaby0Level 15
Level 15
February 8, 2023

If you referring to the homeowners insurance that you pay for fire, flood, etc. that is not deductible for your personal residence.  You do not enter it anywhere.

**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.**
V
Vanessa A
Level 15
February 8, 2023

Hazard insurance on  your personal residence is not tax deductible, so you will not enter it on your return. 

 

If this is a rental property, you would enter it in the expense section under insurance. 

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