Tax Deductible Home Expenses

This page is currently being updated for Tax Year 2019 Tax Returns due on April 15, 2020. The 2020 eFile Tax Season starts in January 2020. Sign up now for the latest page updates and to be part of the 2020 Tax Win Zone.

The easiest and most accurate way to determine if any of your home expenses are tax deductible is to start a free tax return on eFile.com. Based on your answers to the tax questions, we will select the right forms for your tax situation and report any home tax deductions you qualify for on your return. 

Review the home-related expenses you can or cannot claim on your 2019 Tax Return if you itemize your deductions below:

Home Expense
Can You Claim it?
Fire, flood, or homeowner insurance payments
No
Amounts paid to reduce your mortgage principal
No
General home improvements, repairs, maintenance expenses
No
No (unless you are active duty military)
No (unless you are in a federally declared disaster area)
No (unless you are a self-employed business owner)

Keeping Records of Home-Related Expenses

All records should be kept for 2019 and future Tax Returns. For instance, any home improvement costs can add up over the years, so it is a good idea to keep records for each year in case you receive an IRS notice requesting more information about your tax returns. 

More Information on Tax Deductible Home Expenses

Other Tax Breaks

See tax deductions and tax credits you may qualify to claim on your tax return.