Is homeowners insurance deductible on Schedule A?
Is homeowners insurance deductible on Schedule A? Can you claim your homeowners insurance deductible on your taxes? Generally, homeowners insurance is not tax-deductible, nor are premiums, even though your premiums may be included in your mortgage payments. Because homeowners insurance is not considered nondeductible expenses by the Internal Revenue Service (IRS). What is never deductible on … Read more