Can i deduct my insurance premiums paid to an employer on my taxes?

Answer On One Hand: No You Can'tIn most cases, employee contributions to group health plans are not tax deductible expenses. This is because they are generally bought with pre-tax dollars. In other words,... Read More »

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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 »

Can an employer offer the same insurance to employees but fully cover the premiums for some and require others to pay half of the premiums?

Answer No, if they are similiary situated individuals. It could be done by class - say management vs. salariedFor more details 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 »

Can a statutory employee deduct health insurance premiums?

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 »