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New Member
posted Feb 8, 2023 7:52:03 AM

Where do I enter the Hazard Insurance Disbursement made from my Escrow?

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2 Replies
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.

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.