I have a client who found a non qualifying health insurance with better coverage and a lower premium. Can they still deduct this as a self-employed health insurance? If they can were can I find that in writing?
Announcement
Collapse
No announcement yet.
non qualifying insurance
Collapse
X
-
Question
I assume by non qualifying you mean under the Affordable Care Act. If my assumption is correct then I see no reason why it would not be good for the SE health insurance deduction. If you mean somethiing else then it might not qualify. for instance a plan that pays you X amount for each day in a hospital does not count.
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Comment