Can You Write Off Home Insurance On Your Taxes?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    Not unless you operate a business out of your home.  In that case you can deduct a portion of the homeowners insurance depending on the percentage of your home you use for business.  To find out if you can deduct a portion of your home and what exact percentage it is best to speak with your tax adviser.
    Answered on July 7, 2013
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