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GOBankingRates
GOBankingRates
Rebecca Neubauer

Can You Write Off Your Home Insurance on Your Taxes?

Lucky7trader / Getty Images/iStockphoto

Well, it’s here. Tax season is upon you. In preparation, many homeowners are searching for every possible tax deduction to lower their taxable income.

A big question people ask before they file is: Can you write off your home insurance on your taxes? Understanding the rules around home insurance tax deductions can help you avoid missed opportunities and make smarter financial decisions.

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