United States

November 11, 2008

  • What documentation is required for paying health insurance by credit card?

    StephenWeinstein asked: Blue Cross charges my health insurance premium to my credit card each month automatically. I do not sign a separate credit card authorization each month and I do not get a receipt. Will the credit card statements be enough for tax purposes, or do I need to request an actual receipt [...]

October 12, 2008

October 6, 2008

  • how can i tell if my health insurance benefits are pre taxed?

    montcoguy0o asked: Keep in mind, your health insurance premiums can’t be deducted if they’re taken out of your paycheck as pre-tax dollars. However, after-tax health insurance premiums are deductible, but they still are subject to a limitation of 7.5% of your AGI. If you’re self-employed, you may deduct a portion of your health insurance premiums [...]

October 4, 2008

  • health insurance?

    chan_jay asked: My company allow me to buy my parent’s health insurance with me. can i include that amount into my itemize deduction? even though my dad file his own tax return; my dad is not a dependent on my tax return;