Are life insurance payments tax deductible?
October 2, 2008 12:26am CST
Since I was going over hubby's W2 tonight, I remember that we had paid out a good bit this year in medical and dental insurance payments. I was wondering, are life insurance payments tax deductible? Side note: yes I know it is only October, but I gather - and organize - stuff for tax season all year long. By Jan 1 all I am waiting for are any W2s I need to file.
2 Oct 08
I think this is a technical question and has to be tackled by a qualified Tax Expert who can advice you! I feel you should contact your Tax consultant and have the needful done within the time instead of posting such serious questions here in this forum! Thanks!