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Level 1
February 25, 2024
Solved

Can I deduct hazard insurance as listed on my mortgage loan 1098 statement

  • February 25, 2024
  • 1 reply
  • 6 views
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Best answer by JulieS

No, hazard insurance or homeowner's insurance isn't deductible on your home. 

 

It is deductible on a rental property, or other business property, including home office, if you use actual expenses. 

1 reply

JulieSAnswer
Level 15
February 25, 2024

No, hazard insurance or homeowner's insurance isn't deductible on your home. 

 

It is deductible on a rental property, or other business property, including home office, if you use actual expenses. 

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