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    Life Insurance

    I Have A Sole-prop Business, Is Life Insurance Deductible
    On Sch C??

    How About Disability Insurance??

    Thanks

    #2
    Schedule C deductions

    Neither of these are deductible on schedule C. Life insurance is not deductible. The other insurance you questioned is deductible on schedule A subject to limitations.

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      #3
      Disability Insurance

      Personal disability insurance premiums are not deductible though.
      JG

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