topic Can i add hazard insurance and mortgage insurance to my property taxes paid on Form 1098??? Or do i just list property tax number only?? in Deductions & credits

Can i add hazard insurance and mortgage insurance to my property taxes paid on Form 1098??? Or do i just list property tax number only??

psu2k — Mon, 03 Jun 2019 17:24:48 GMT

Hazard insurance is not deductible. The deduction for mor...

MinhT — Sat, 04 Apr 2020 18:00:28 GMT

Hazard insurance is not deductible.

The deduction for mortgage insurance was re-instated as an itemized deduction for tax years 2018 and 2019.

You can also deduct mortgage interest and property taxes.

Re: Can i add hazard insurance and mortgage insurance to my property taxes paid on Form 1098??? Or do i just list property tax number only??

vdalonzo — Thu, 02 Apr 2020 13:38:53 GMT

Can i add hazard insurance and mortgage insurance to my property taxes paid on Form 1098??? Or do i just list property tax number only??

Re: Can i add hazard insurance and mortgage insurance to my property taxes paid on Form 1098??? Or do i just list property tax number only??

DoninGA — Thu, 02 Apr 2020 13:41:02 GMT

@vdalonzo wrote:

Can i add hazard insurance and mortgage insurance to my property taxes paid on Form 1098??? Or do i just list property tax number only??

As stated in the answer above - Hazard insurance is not deductible.

Mortgage insurance was re-instated as an itemized deduction for tax years 2018 and 2019.