Can I deduct the insurance and taxes paid on a property if they are not included in my mortgage payment? If so do I enter this amount under the 1098 entered?

theresa-rath12 · ‎February 25, 2025

VolvoGirl

You can only deduct property tax not insurance.

Federal Taxes (Personal Home & Business version)
Deductions and Credits
Your Home
Property Taxes - Click the Start or Update Button

PatriciaV

You can report property taxes for any property that isn't used for business. Enter this under Deductions >> Your Home >> Property Taxes. This topic is in the same section as Mortgage Interest from Form 1098.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Expert does your taxes

Do it yourself

Resources

Support

Can I deduct the insurance and taxes paid on a property if they are not included in my mortgage payment? If so do I enter this amount under the 1098 entered?