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I'm self employed, would non-ACA compliant health insurance be tax deductible? Obviously it would be subject to the non-ACA tax penalty regardless.
Here's why I am asking. I've been approached by non-ACA insurers that are suggesting I also take on an additional "faith based" insurance to get around paying the exemption, which appears to be "legal" if somewhat dubious. I know the faith based insurance wouldn't be tax deductible but what about the non-ACA insurance?
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May 31, 2019
6:38 PM