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Self employed Disability insurance

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    Self employed Disability insurance

    Just checking, brain going numb! It's my understanding that a sole proprietor can not deduct liability insurance on himself if he has insurance available at his job. Right?

    #2
    am I correct?

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      #3
      If you really meant liability insurance, then no, he can deduct it; it seems unlikely he'd have liability insurance at work that would cover his self employment.

      But if that's a typo and you meant health insurance, then yes, you're correct.

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        #4
        Was also confused because post topic is "disability" insurance. Maybe clarify which type of insurance and also the self employment/job situation so you can get a good answer.

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          #5
          Ditto

          Originally posted by Gary2 View Post
          If you really meant liability insurance, then no, he can deduct it; it seems unlikely he'd have liability insurance at work that would cover his self employment.

          But if that's a typo and you meant health insurance, then yes, you're correct.
          Gary2's response is exactly what I would have written, but di not, after reading the post.

          I also thought it was just a typo (meant "medical")

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