turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Is life insurance deductible?

By law I have to carry a life insurance policy with my X-wife as the beneficiary. Can I deduct the premiums for this expense?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Is life insurance deductible?

Per the IRS, life insurance premiums are considered a personal, non deductible expense.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question