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Self employed
In the state of Washington, employers can provide paid family and medical leave benefits either through the state-run program, or purchase a voluntary private plan that provides benefits equal to or greater than the state minimum requirements. But self-employed individuals are exempt.
IRS Pub. 535, states, "You can’t deduct premiums for a policy that pays for lost earnings due to sickness or disability."
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March 20, 2023
12:09 PM