Can you claim home insurance on your taxes?
I'm trying to avoid overpaying on my taxes. Can I claim my home insurance?
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Answered on Mar 02, 2021
Typically, home insurance is not tax-deductible. This is because most people use their home solely as their personal residence, so the Internal Revenue Service considers home insurance premiums to be nondeductible expenses.
However, there are exceptions. If, for example, you have a home office or receive rental income, your homeowners insurance may be tax-deductible.
For more information on this topic, check out this article: Is Home Insurance Tax Deductible?.
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