Is Premium Paid on Stock Tax Deductible?

Answer When purchasing shares of stock, the investor typically pays the market value for each share. This amount may be more than the par value, or book value, of an issuer's stock in some cases. The prem... Read More »

Top Q&A For: Is Premium Paid on Stock Tax Deductible

What happens to an insurance premium when a deductible is lowered?

Answer If a deductible is lowered the premium usually goes up

The Definition of the Insurance Premium Deductible?

Insurance protects your assets, income and savings. It protects your family in case of your death by paying your funeral expenses, mortgage and debts. As you pay your insurance premiums on time eac... Read More »

Is a health insurance premium tax deductible?

Health insurance premiums are tax deductible as a medical expense. However, only medical expenses exceeding 7.5 percent of your adjusted gross income can be claimed as a deduction. If you are self-... Read More »

Is My Life Insurance Policy Premium Tax Deductible?

If you are an individual purchasing life insurance for yourself, the premiums for such an insurance would not be deductible in your personal tax filings. However, your life insurance premiums may b... Read More »