Is Homeowners Insurance Tax-Deductible?
By DAMIAN DAVILA; Updated August 25, 2021 Reviewed by EBONY HOWARD Fact checked by YARILET PEREZ:
Generally, homeowners insurance is not tax-deductible, nor are premiums, even though your premiums may be included in your mortgage payments. Why? Because homeowners insurance is not considered nondeductible expenses by the Internal Revenue Service (IRS). Read more from Investopedia...
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