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hwh7461
New Member

Where do I put my house insurnce information if i pay out of pocket

 
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Patrice
New Member

Where do I put my house insurnce information if i pay out of pocket

Homeowner's insurance, Fire and Casualty, is not deductible on a personal residence, not used as a rental or in a business.

You can't deduct the following payments for a personal residence:

  • Dues to a homeowners association
  • Insurance on your home
  • Appraisal fees for your home
  • The cost of improvements to your home, except in the relatively rare case where they qualify as a medical expense. (But keep those receipts. They may help reduce your taxes when you sell your home.)

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