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Insurance Premium Tax Deductible
Dora Said:
My employer takes out health insurance deductible after tax - is this legal?We Answered:
No you can't force them. Many companies set up a plan where they can take out health and some other benefits pre-tax, but they aren't required to.Sarah Said:
Is spouse's insurance premium is deductible from income tax?We Answered:
Yes you can claim. In case of individual for the assessee himself, his or her spouse, and childern.