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Is the entire amount of my escrow deductible?

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Is the entire amount of my escrow deductible?

It depends on what the escrowed funds were used to pay for. Property taxes yes, homeowners insurance no. You should be advised of those expenses elsewhere (your 1098-M, for example).

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Is the entire amount of my escrow deductible?

It depends on what the escrowed funds were used to pay for. Property taxes yes, homeowners insurance no. You should be advised of those expenses elsewhere (your 1098-M, for example).

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