My rental insurance starts on October 25. do I need to calculate using my 2022 and 2023 payment or can I just use the Oct 25 2023 amount for my 2023 taxes ?thank you
My rental insurance starts on October 25. do I need to calculate using my 2022 and 2023 payment or can I just use the Oct 25 2023 amount for my 2023 taxes ?thank you
To be able to answer your question clearly, can you help me understand whether you are claiming rental insurance for a property as a tenant or a landlord?
When did you acquire the property?
Are you claiming rental insurance as a tax deduction against your income?
Once we have this information we will be able to better assist you.
Thanks
Gayatri
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.