Sch C deduction for Life & disability insurance premiums.

[AZ-Tax]

I cannot find a reason why these premiums maybe deductible, what am I missing if anything?

[spanel]

I cannot find a reason why these premiums maybe deductible, what am I missing if anything?

Im not sure what either of those 2 have to do with a business.. seems like those are both personal items that have nothing to do with a Sch C business.

Chris

[Lion]

Are you paying for them for your employees as a benefit? Then deduct them on Schedule C. Life insurance for $50,000 or more gets compared to an IRS chart to see how much to include on employees' W-2s; you'll need to research the specifics as that's off the top of my head. If they're for you, then they're personal and non deductible.