It often is considered that and often a person's policy on their personal condo will extend to pay up to $500 of the Association's deductible. Could be less than $500 depending on how much the Association's deductible is and how many COA members there are.
covers you for a loss assessment made by an association of property owners on common property for a "covered" cause of loss. important distinction there. i.e. condo needs a new roof due to old age - not covered. Also there are protections built in for deductibles - so condo association cannot have an extremely high deductible and instruct association owners to put in assessment claims
Homeowner association fees are NOT deductible on the individual taxpayers 1040 income tax return.
Concierge fees are generally not tax deductible as they are considered personal expenses.
Concierge doctor fees are generally not tax deductible as they are considered personal expenses.
Yes, LASIK surgery is generally not tax deductible as it is considered an elective cosmetic procedure.
The voluntary deductible is the amount of your deductible agreed too when you purchased your insurance coverage. It's considered voluntary because we can choose our deductibles. Of course, the lower the deductible, the higher the rate.
No, because they pay for a service, among other reasons.
No. Summer camp is considered entertainment and is therefore not deductible just as movie tickets are not deductible.
Kiva loans are not tax deductible because they are considered personal loans rather than charitable donations.
yes
Yes, museum membership fees are generally not tax deductible as they are considered to be a personal expense rather than a charitable donation.
A high-deductible health plan contains certain minimum dollar limits on the annual deductible and maximum limits on the out-of-pocket expenses listed under the plan. An individual health care plan would be considered high-deductible if it has an annual deductible of at least $1,200. A plan for family coverage is considered high-deductible if it has an annual deductible of $2,400. Out-of-pocket expenses for 2011 may not exceed $5,950 for individual coverage and $11,900 for family coverage. Out of pocket expenses include deductibles, co-payments, etc. www.bankofkc.com /personal/hsa-faq.aspx