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April 13, 2025
Question

Mortgage Hazard Insurance

  • April 13, 2025
  • 1 reply
  • 0 views

Personal> Deductions & Credits> Your Home> Mortgage Interest, Points, refinancing and Insurance

 

I don’t find an entry for “Insurance”

 

Since my hazard insurance is paid through my mortgage escrow, should the entry for Mortgage Lender be the 1048 amount plus the insurance amount?

1 reply

DoninGA
Employee
April 13, 2025

Homeowners Insurance for Fire, Hazard, Casualty is not deductible on a tax return.

Mortgage Insurance is no longer deductible on a tax return.