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Deductions & credits
No, the provision has expired. According to LA at Citizens Insurance Tax Credit - Louisiana Department of ...
revenue.louisiana.gov › Individuals › CitizensInsurance...
Starting with assessments paid on or after January 1, 2016, and before January 1, 2020, the credit is equal to 25 percent of the assessment paid. ... This is not a credit for the total amount due on your insurance bill. Do not add your insurance premium to the LA Citizens assessments.
Insurance had gotten a lot better and I saw fewer people using this the last couple of years. After the 2020 hurricane season we just had, things may change again. LA has not published anything to extend at this point and I don't expect them to extend.
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January 29, 2021
12:11 PM