October 20, 2008
- how can i tell if my health insurance benefits are pre taxed?
montcoguy0o asked: Keep in mind, your health insurance premiums can’t be deducted if they’re taken out of your paycheck as pre-tax dollars. However, after-tax health insurance premiums are deductible, but they still are subject to a limitation of 7.5% of your AGI. If you’re self-employed, you may deduct a portion of your health insurance premiums [...]
October 19, 2008
- Am I able to write off Health Insurance Premiums for tax purposes at the end of the year?
Marcus W asked: I am looking to purchase my own health insurance instead of going through my company. I know that the company takes out the cost on a pre-tax basis, but their insurance is not the greatest. If I do decided to sign up for health insurance, will I be able to use the [...]
- Can I reimburse myself health insurance costs from my company?
Jackie S asked: We used to have individual health insurance, and I would pay for it out of my own company (an S Corp). When we got insurance through my husband’s employer, I stopped reimbursing myself.
He is paid for by the company, and then it costs extra to add myself and our child.
I was [...]
October 17, 2008
- health insurance?
chan_jay asked: My company allow me to buy my parent’s health insurance with me. can i include that amount into my itemize deduction? even though my dad file his own tax return; my dad is not a dependent on my tax return;
October 16, 2008
- How do health insurance tax deductions work for a member managed LLC?
prizice24 asked: I own a business (LLC) with two other people. It is only us three; we do not have any additional employees. We pay for our health insurance through our business. Based on these facts, I was wondering how much I stand to save on my personal taxes. Is this [...]
October 10, 2008
- Are health insurance premiums that I pay and are deducted from my paycheck paid with after-tax dollars?
davidgherron asked: My health insurance is through my employer but I have to pay part of the premium and it is deducted from my paycheck each pay period. I am filing my taxes and am being asked if the premiums are paid for with after-tax dollars. Any answers?
