Discussion:I know, discussed infinitely, but a self-employed health insurance question . . .
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| Revision as of 03:53, 30 September 2009 Michaelstar (Talk | contribs) (NO) ← Previous diff |
Revision as of 03:56, 30 September 2009 Jake (Talk | contribs) (For my own retur) Next diff → |
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| {{ForumReplyPost|UserID=Michaelstar|Date=30 September 2009|Text=NO}} | {{ForumReplyPost|UserID=Michaelstar|Date=30 September 2009|Text=NO}} | ||
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| + | {{ForumReplyPost|UserID=Jake|Date=30 September 2009|Text=For my own return I do this - and will do it for any client so long as he/she understands the ambiguity. | ||
| + | I also intend to take our Part B and Part D, as well as LTC insurance premiums. }} | ||
Revision as of 03:56, 30 September 2009
Discussion Forum Index --> Basic Tax Questions --> I know, discussed infinitely, but a self-employed health insurance question . . .
Discussion Forum Index --> Tax Questions --> I know, discussed infinitely, but a self-employed health insurance question . . .
| 30 September 2009 | |
| I have read many of the discussions.
Just a quick, easy opinion, and I know it is a grey area. Taxpayer is self-employed. He depends on Medicare for health insurance. But forget the Medicare premium for now, his wife has a health insurance policy IN HER NAME for her and their daughter. The husband pays the premium. Would you take this above the line? The policy is not in the name of the business, or the sole proprietor as an individual, but they are premiums for his spouse and dependent. I recently read a great article by The Wandering Tax Pro that suggested, why not? It doesn't say NO to this anywhere in the code or regs . . . | |
Michaelstar (talk|edits) said: | 30 September 2009 |
| NO | |
| 30 September 2009 | |
| For my own return I do this - and will do it for any client so long as he/she understands the ambiguity.
I also intend to take our Part B and Part D, as well as LTC insurance premiums. | |
