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	<title>New answer on: Can You Deduct Life Insurance On Schedule C?</title>

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		<title>By: Matt Benore</title>

		<link>http://insurancelibrary.com/life-insurance/can-you-deduct-life-insurance-on-schedule-c</link>

		<dc:creator>Matt Benore</dc:creator>

		<pubDate>Tue, 04 Mar 2014 22:48:02 +0000</pubDate>

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		<description><![CDATA[You have to remember what life insurance gives to you upon death of a covered person, a TAX-FREE death benefit.  There are a few circumstances which life insurance premiums can be &quot;written off&quot; however you need to be aware that the death benefit, usually a tax-free benefit will become taxable.

Consider what that will do to your tax bill and the liability you might have.
Otherwise I would recommend talking to your tax adviser about deducting your life insurance premiums.]]></description>

		

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