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 Is health insurance tax deductible for sole proprietors?

Answer According to the Internal Revenue Service, stated under Section Number 162 of the Tax Code, health insurance is a deductible business expense for a self-employed individual in a sole proprietorship... Read More »
http://www.answerbag.com/q_view/1899006

Top Q&A For: Is health insurance tax deductible for sole pro...

Do Sole Proprietors Give Themselves a 1099?

Form 1099 and all its variations are filed to report certain types of income. Form 1099-MISC is given to independent contractors to show income they were paid. A Form 1099-INT reports interest p... Read More »
http://www.ehow.com/about_7362543_do-proprietors-give-themselves-1099_.html

Are health insurance premiums tax deductible?

Health insurance premiums can be deducted from your federal income taxes once your medical expenses exceed 7.5 percent of your adjusted gross income. Anything you pay above the 7.5 percent is deduc... Read More »
http://www.answerbag.com/q_view/1905468

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 »
http://www.answerbag.com/q_view/1898947

What is a health insurance deductible?

Health insurance deductibles are one portion of the expenses policyholders are accountable for each year. The type of deductible agreement in an insurance plan may determine the cost of monthly pre... Read More »
http://www.answerbag.com/q_view/1909244


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