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suzgall
New Member

Does hazard insurance premium get added to mortgage insurance premium? They are listed separately on 1098.

 
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‎April 14, 2024 1:14 PM
last updated ‎April 14, 2024 1:14 PM
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xmasbaby0
Level 15
Level 15

Does hazard insurance premium get added to mortgage insurance premium? They are listed separately on 1098.

No.  You cannot deduct your homeowner insurance for fire, flood, etc. on your tax return if it is for your own home.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎April 14, 2024 1:17 PM
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suzgall
New Member

Does hazard insurance premium get added to mortgage insurance premium? They are listed separately on 1098.

Thanks!  I appreciate your quick and definitive response!🌿

‎April 14, 2024 2:39 PM
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