Is Personal Disability Insurance Tax Deductible?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaPersonal disability insurance is not tax deductible. However, if you own a business you may be able to expense the disability premiums. Another consideration is that your employer may allow you to add your disability insurance as a benefit pre tax. But keep in mind that if you deduct disability premiums, the benefits are taxable.Answered on July 14, 2013+01+1 this answer
0flag this answerview more answers by David Racich
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.
.JPG){kind=avatar}
