You'll need to sign in or create an account to connect with an expert.
No you cannot just like you cannot deduct the medical portion of an auto insurance policy.
Life insurance premiums are not deductible. If they were, then the life insurance payout would be taxable income. That's the last thing you want.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
epicsunnydrr
New Member
nicolemullin
New Member
naveedmsiddiqui
New Member
JoO5
Level 1
byrdstarasia
New Member