Where do I enter the Hazard Insurance Disbursement made from my Escrow?
02909
2 Replies
xmasbaby0
Level 15
Feb 8, 2023 7:58:12 AM
If you referring to the homeowners insurance that you pay for fire, flood, etc. that is not deductible for your personal residence. You do not enter it anywhere.
Vanessa A
Expert Alumni
Feb 8, 2023 7:59:21 AM
Hazard insurance on your personal residence is not tax deductible, so you will not enter it on your return.
If this is a rental property, you would enter it in the expense section under insurance.