Search Help


Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
October 2008


Word Count:
832

 

 

Medicare as a Self-Employed Insurance Cost


In the June 2008 Tax Reduction Letter (Vol. 17, No. 6), you indicate that a self-employed person can deduct, as self-employed health insurance, premiums paid for Medicare. I think this is wrong. I believe Medicare is a subsidized plan, not eligible for the self-employed insurance deduction on the front page of the Form 1040. Further, I don’t believe that Medicare is related to the taxpayer’s Schedule C business. Do you have support for your position? (C.L.L., Scottsdale, Ariz.)

 

Yes. But ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee



 

SS