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ikefay11
New Member

Can I deduct Hazard Insurance on my Mortgage?

The house is occupied by part of my family?
1 Reply
MichaelDC
New Member

Can I deduct Hazard Insurance on my Mortgage?

No. If this is property, liability and casualty insurance collected by the lender as part of your mortgage payment, it is not reportable or deductible.

Of course, you can still claim your interest and real estate taxes. Please feel free to post any additional details or questions in the comment section. 

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