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mmsrtinez
New Member

Will we be able to add Wind, flood and fire insurance premiums they were paid separate from mortgage where to we add this?

 
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IreneS
Intuit Alumni

Will we be able to add Wind, flood and fire insurance premiums they were paid separate from mortgage where to we add this?

No - not if the premiums are for your personal residence.  Insurance premiums for your house are not deductible expenses. 

If the insurance is on a rental property you can deduct the premiums as business expenses on Schedule E.

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