Are premiums paid for HSA tax deductible?

Answer Premiums paid for Health Savings Accounts (HSAs) are tax-deductible. To qualify for an HSA, you must be enrolled in a High Deductible Health Plan (HDHP) and not be on Medicare, have any other heal... Read More »

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Are the premiums paid into a disability insurance policy subject to income taxation or are they tax-deductible?

There's not much if any leeway in insurance policies to pay for something that's not described as covered.Were you led to believe the policy would pay if you cancelled because you changed your mind... Read More »

Are medical premiums tax deductible?

If you pay out of pocket for all or part of your medical premiums, you can include those costs as a medical expense, which is deductible. However, to claim the medical expenses, you must itemize yo... Read More »

Are individual premiums tax deductible?

Health insurance premiums may or may not be tax-deductible. How the premiums are paid and what type of health coverage you have effect potential tax deductions. If you want to fully deduct your pre... Read More »

Are Disability Premiums Tax Deductible?

Disability insurance is designed to help assure workers that there will be an income stream available even if they become incapacitated. Premiums for this important insurance coverage often are not... Read More »