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Do we get tax benefit for home insurance?

Benjamin Torres | 2023-06-11 20:51:43 | page views：1916
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Olivia Baker

Studied at Yale University, Lives in New Haven. Currently working as a research scientist in the field of neuroscience.
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.
2023-06-20 20:51:43
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Oliver Davis

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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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