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Daycare and Taxes>Other Insurance: Aflac etc, Is It Deductible?
CrackerJacks 07:33 PM 02-26-2013
What about other types of insurance such as Aflac and in the state I live in you can elect to pay what is called a "elective coverage" insurance, which is basically a disability ins and also covers what the state would pay for family leave. Is any of this deductible?
TomCopeland 09:04 PM 02-26-2013
Health insurance (including insurance with elective coverage such as Aflac) is not deductible as a business expense unless you set up a Section 105 medical reimbursement plan. See my article on how you might deduct family medical expenses:
Tags:deduction - insurance
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