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What else can I help you with?
Can you deduct house insurance from your taxes?
No.
Can you deduct life insurance premiums on taxes?
No
Can self-employed individuals deduct health insurance expenses on their taxes?
Yes, self-employed individuals can deduct health insurance expenses on their taxes as a business expense.
Can you deduct life insurance on taxes?
Generally as personally owned life insurance you would not deduct the premiums on your taxes. This would make the normally nontaxable death benefit subject to taxation.
What is formulated into payroll tax deductions?
You will always want to deduct any taxes that are paid out of your income. You can also deduct premiums for life insurance, as well as other types of insurance.
Do you have to pay taxes on a cancer insurance claim?
In the USA you do not pay taxes on the Proceeds from an Insurance Claim.
Can a Self employed person deduct health insurance premiums on their taxes?
Yes, beginning in tax year 2010, you can deduct health insurance premiums when arriving at income subject to SE tax.
Can I deduct points on a refinance from my taxes?
No, you cannot deduct points on a refinance from your taxes.
Can I deduct travel to and from work on my taxes?
No, you cannot deduct travel to and from work on your taxes.
Can I deduct losses on stocks from my taxes?
Yes, you can deduct losses on stocks from your taxes, but there are limits on how much you can deduct in a given year.
Can I deduct state taxes from my federal taxes?
Yes, you can deduct state taxes from your federal taxes if you itemize your deductions on your federal tax return.
How is state unemployment funded?
Employers deduct a portion of employees' paychecks to deposit into an unemployment insurance fund each pay period.
