Accident and disability premiums
Are the premiums, I pay in full, through Colonial Life for accident insurance and disability insurance pre tax dollars or post tax?
Are the premiums, I pay in full, through Colonial Life for accident insurance and disability insurance pre tax dollars or post tax?
Expert Reviewed
Accident and disability insurance is not deductible on a tax return.
Health care insurance premiums, including dental and vision insurance premiums, and other medical expenses that you paid with out of pocket funds and were not reimbursed are an eligible medical expense that you can deduct using Schedule A for itemized deductions.
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