Where do I enter home insurance

Forum|Forum|7 years ago
June 5, 2019
2 replies
4 views

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TurboTax Deluxe Online

Best answer by MinhT1

Homeowners' insurance for your residence is not tax deductible and is not entered on your tax return.

If the home is a rental home, homeowners insurance can be deducted as a rental expense.

MinhT1Answer

Level 15

Homeowners' insurance for your residence is not tax deductible and is not entered on your tax return.

If the home is a rental home, homeowners insurance can be deducted as a rental expense.

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AnnWeber

Level 2

I used one insurance policy and I didn't like it. This is very expensive. After all, you insure the house for a long time, not for one month, and I didn't want to pay thousands of pounds every time. I was looking for other offers. I needed something inexpensive since I have two houses. I found this solution. Money Expert offers home insurance at a very low price, just 150 pounds. I agreed and didn't regret it at all. For the amount I spent on one house, I insured both houses. I am very happy with my find. Even advised a friend. I think you should also study this question.