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February 25, 2024
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Can I deduct hazard insurance as listed on my mortgage loan 1098 statement

  • February 25, 2024
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Best answer by JulieS

No, hazard insurance or homeowner's insurance isn't deductible on your home. 

 

It is deductible on a rental property, or other business property, including home office, if you use actual expenses. 

1 reply

JulieSAnswer
February 25, 2024

No, hazard insurance or homeowner's insurance isn't deductible on your home. 

 

It is deductible on a rental property, or other business property, including home office, if you use actual expenses. 

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