Can I deduct critical care insurance premiums? I've been paying theses premiums since 12/2012 to the present

lweems4sure · ‎June 6, 2019

Marketstar · ‎June 6, 2019

Critical illness insurance is considered to be an accident and sickness (health) policy.

For an individual purchasing coverage for themselves, the premiums are not tax deductible but the benefits are received tax free.

Marketstar · ‎June 6, 2019

Critical illness insurance is considered to be an accident and sickness (health) policy.

For an individual purchasing coverage for themselves, the premiums are not tax deductible but the benefits are received tax free.

Gescob3 · ‎June 6, 2019

What if they are self employed?

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