Can I deduct the insurance and taxes paid on a property if they are not included in my mortgage payment? If so do I enter this amount under the 1098 entered?
Can I deduct the insurance and taxes paid on a property if they are not included in my mortgage payment? If so do I enter this amount under the 1098 entered?
You can report property taxes for any property that isn't used for business. Enter this under Deductions >> Your Home >> Property Taxes. This topic is in the same section as Mortgage Interest from Form 1098.
**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
TurboTax Expert Assist
Get answers to all your tax questions
Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.