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I was self employed in 2017. I was terminated from
I was self employed in 2017. I was terminated from employment in 2016 and elected Cobra coverage that I paid entirely in 2017. Can I take the self employed health insurance deduction on line 29 of the… read more
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I was looking at purchasing health insurance using post tax
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Is the deduction for medical expenses on Schedule A repealed
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I turn 65 on 2/19/16. My wife has medical insurance with her employer $2,600 deductible, $2,600 copay per individual, $5,200 deductible, $7,800 copay family. I have most of the medical issues and $1,1… read more
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Husband & wife are filing MFJ. Health care is paid the
Husband & wife are filing MFJ. Health care is paid for through the wife's company. $5000 annually is deducted from her pay check. Can the husband take this deduction off of his SCH C since it would be… read more
Lev
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Lev, I have not been able to address the prior question sent
Lev, I have not been able to address the prior question sent to you regarding the 10% penalty and self employed health insurance premiums. The taxpayer also received unemployment January - April 2012.… read more
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Can we deduct my husbands health insurance premiums that are
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I am confused on the medical expense deduction rules for
I am confused on the medical expense deduction rules for Ohio. I have a subsidized plan at work but still pay several hundred dollars per month for medical insurance. I also use a flexible spending ac… read more
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Steve G if available. My question regards XXXXX XXXXX of
Steve G if available. My question regards XXXXX XXXXX of health insurance costs and medical expenses for a sole proprietor and his wife. If the SP sets up a 105 plan, with his wife as an employee he c… read more
R. Klein, EA
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Hi there. I was employed as a consultant for 8 months during
Hi there. I was employed as a consultant for 8 months during 2011 and paid my own health insurance through COBRA. The company I was working for paid me via a W2 through a staffing corporation located … read more
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For a self employed person - where in the form 1040 does one
For a self employed person - where in the form 1040 does one deduct both medigap AND the medicare premium deducted from social security ? Schedule C and line 29 --- or both ? For 2010 tax year.… read more
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Hello, I am a self employed Massage Therapist with out health
Hello, I am a self employed Massage Therapist with out health insurance. If I buy a health insurance policy is there a tax deduction for the monthly premium I would pay for or should I just skip it an… read more
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Can a retired minister who performs duties as an interim pastor,
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My wife ran a business that was formed as an S corporation.
My wife ran a business that was formed as an S corporation. She sold the business 3 years ago but retained the S corporation so that she could buy health insurance at corporate/business reduced rates.… read more
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I will be self-employed full-time in 2010 (California S-Corp,
I will be self-employed full-time in 2010 (California S-Corp, I'm the sole employee). I am looking at getting a HDHP with HSA health insurance plan for myself, and possibly my wife and child. My wife … read more
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my husband lost his job this year , we cashed in his 401k
my husband lost his job this year , we cashed in his 401k we used it to pay for insurance can we use that on our taxes.… read more
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I retired from a company 5 years ago and have retiree ...
I retired from a company 5 years ago and have retiree medical for me and my wife. I pay $700 a month for the insurance which is through United Healthcare. I am also employed and carry a comprehensive … read more
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