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baja_fa18
New Member

Where do you enter Hazard Insurance that is listed on the 1098 form (that is separately listed from Tax Escrow)? do you combine these values in the Property Taxes field ?

 
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3 Replies
JulieS
Expert Alumni

Where do you enter Hazard Insurance that is listed on the 1098 form (that is separately listed from Tax Escrow)? do you combine these values in the Property Taxes field ?

No, don't combine your hazard insurance with your property taxes. They are very different expenses.

 

If the insurance on your home, it is not deductible.

 

If the insurance is on a rental or a business property, enter the amount as insurance in the rental or self-employment section. 

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baja_fa18
New Member

Where do you enter Hazard Insurance that is listed on the 1098 form (that is separately listed from Tax Escrow)? do you combine these values in the Property Taxes field ?

many thanks

baja_fa18
New Member

Where do you enter Hazard Insurance that is listed on the 1098 form (that is separately listed from Tax Escrow)? do you combine these values in the Property Taxes field ?

Many thanks - you confirmed what I had thought but wanted to double-check.

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