Not deductible on your federal income tax return.
Insurance for one's personal property such as auto or homeowner's insurance is tax deductible. Other tax deductible insurances are medical and dental insurances.
No.
NO. Life insurance premiums would NOT be deductible on your 1040 federal income tax return.
NO
If you are self-employed you likely will be able to claim your travel insurance as a deduction. If you are not self-employed a portion of the travel insurance may be tax deductible.
If you are referring to a MEDICAL/HOSPITALIZATION insurance co-pay, yes, that is deductible as a medical expense. And on property/casualty insurance, it may be deductible as a casualty loss.
No, adoption fees or donations made to adopt any pet from a shelter is not tax deductible. But if you make a donation beyond the standard fee that is tax deductible if the shelter is a tax exempt entity. This means they need to be a 501(c)(3) organization and filed with the IRS.
no,
Yes. Health insurance premiums are tax deductible to an individual under IRC Section 213(d).
If you are referring to tax deductibility, yes, long-term care insurance is tax deductible. Age determines tax deductibiliby. Please refer to the related links below to check the limits of tax deduction for long-term care insurance:
Yes, it is. Long term care insurance premiums are tax deductible. Premium payments are considered to be medical expenses and they are deductible as long as the medical expenses exceed 7.5% of the individual's income.
Life insurance premiums are not tax deductible, in general. However, group life insurance premiums are deductible for a business if the death benefit is $50,000 or less. Also, using key man insurance and executive bonus mechanisms, sometimes there can be some tax advantages. But, the premium is not deductible.