Can a statutory employee deduct health insurance premiums?

Answer A statutory employee is considered as an employee for Social Security and medical tax purposes but as self employed for income tax. The cost of medical insurance premiums are 100 percent deductible... Read More »

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Can Retired Federal Employees Deduct Health Insurance Premiums?

Medical premiums that you pay can be deducted from your taxes as a medical expense. Of course, there are exceptions. If you have coverage in any month under Tricare (a program covering U.S. militar... Read More »

Can i deduct the amount that i paid toward employer health insurance premiums from my income tax?

You are allowed to deduct the portion that you pay toward employer health insurance premiums from your income tax as long as you are not reimbursed as part of the medical expenses deduction. Howeve... Read More »

Does an employer based out of New York have to charge equally by class of employee for health insurance premiums?

New York Employer Health Insurance Premiums There are a host of variables that come into play with your question. For example, specific employment contract clauses, hire dates, etc. Call your ins... Read More »

Can you deduct insurance premiums?

The Internal Revenue Service permits taxpayers who have unreimbursed medical insurance premiums to deduct them from their taxes. Other types of insurance, such as homeowner's insurance, car insuran... Read More »