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Can you claim your homeowners insurance on your taxes?

Scarlett Patel | 2023-06-05 18:08:59 | page views：1821
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Amelia Sanchez

Studied at the University of Manchester, Lives in Manchester, UK.
While your fire or homeowners' insurance premiums may be included in your property payments, they are nondeductible expenses, according to the Internal Revenue Service (IRS). You cannot itemize any payments for insurance, including fire and comprehensive coverage, and title insurance, as deductions in your tax return.
2023-06-06 18:08:59
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Charlotte Ross

QuesHub.com delivers expert answers and knowledge to you.
While your fire or homeowners' insurance premiums may be included in your property payments, they are nondeductible expenses, according to the Internal Revenue Service (IRS). You cannot itemize any payments for insurance, including fire and comprehensive coverage, and title insurance, as deductions in your tax return.
Is homeowners' insurance tax deductible? | Investopedia
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