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Level 1
June 7, 2019
Solved

When I deduct property taxes can I also include hazard insurance paid?

  • June 7, 2019
  • 1 reply
  • 2 views
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Best answer by AnnaB

For a personal home, homeowner's insurance including hazard insurance is a personal expense and is not deductible.

If you have a rental property, you can deduct insurance as an expense (insurance category), but it would not be property taxes.

1 reply

AnnaBAnswer
Level 7
June 7, 2019

For a personal home, homeowner's insurance including hazard insurance is a personal expense and is not deductible.

If you have a rental property, you can deduct insurance as an expense (insurance category), but it would not be property taxes.