Monday, March 7, 2011

How do I deduct health insurance premiums from my taxes when I am self-employed?



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Health
by USAID Afghanistan

Question by Nick: How do I deduct health insurance premiums from my taxes when I am self-employed?

We are losing my wife's health insurance and are going to be taking out a private health insurance policy. I am self-employed and think I can deduct the premiums from my taxable income.

Does anyone know if that is the case? I would appreciate anyone who could point me in the right direction.




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Answer by angelina
yes





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