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Is health insurance tax deductible?
Asked by netxm (288)
February 23rd, 2009
I’m self employed (1099 misc), I’m 24. Should I buy health insurance or at least dental insurance (which I extremely need). Because today at H&R block they told me it’s fully deductible, if for example I will pay 1200 a year for insurance, whole amount will be deductible (as expenses related to my job). Is it true? And how about co pays and insurance first deduction?
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