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Level 1
March 20, 2024
Question

Can i claim hazard insurance paid on my home for taxes

  • March 20, 2024
  • 3 replies
  • 5 views
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3 replies

Alumni - Champ
March 20, 2024

Not on your personal residence.

Level 15
March 20, 2024

No.  Homeowners insurance premiums aren't tax deductible, unless the property creates a source of income (i.e., it was a rental property).

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Level 15
March 20, 2024

No.   Your homeowner insurance for fire, flood, lightning strikes, etc. for your own home is not deductible.

**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.**