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    #1

    Homeowners INS Policy

    Is The homeowners Insurance Policy a Itemized deduction on Sch A?
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    #2
    No, the HO Policy for Personal Residence would not be an itemized deduction on Sched A.

    If a rental, the Fire Insurance Policy and/or Landlords Package coverage would be a deduction on Sched E Rental.

    Sandy

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      #3
      If there is a 2106 form with OIH then a portion of the homeowner's insurance premium may be included in the expense. See the worksheet to 8829.
      Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR

      Comment

        #4
        Tax Preparer

        Originally posted by S T View Post
        No, the HO Policy for Personal Residence would not be an itemized deduction on Sched A.

        If a rental, the Fire Insurance Policy and/or Landlords Package coverage would be a deduction on Sched E Rental.

        Sandy
        Thank you Sandy

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