Posts Tagged ‘health’
Tax Deductible Mutual Funds
March 6th, 2008
Question: Expense ratio in mutual funds tax deductible?
In a taxable personal account can you deduct the funds annual management expenses (the .5%,12b,etc..) as an expense against your gains? Like brokerage fee’s on stocks.
Answer: “Enter the total amount you paid to produce or collect taxable income…..” on line 23 of schedule A. “Examples of expenses to include on line 23 are……your share of investment expenses of a regulated investment company.”
Miscellaneous Itemized Deductions exceeding 2% of your AGI (line 38 form 1040) are deductible. See 1040 schedule A and the instructions.
Your brokerage fees should not reduce your 1099s. If that was what the IRS intended then you would be able to deduct them directly from your income on page 1 of the 1040 or from schedule B income, for example.
Items on Amazon Right Now for Tax Deductible Mutual Funds:
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Quicken Rental Property Manager 2011 – [Old Version] $59.96 Quicken Rental Property Manager 2011 includes all of the features found in Quicken Home & Business, plus smart tools for managing your rental properties. Always know how your home-based business is doing. Helps maximize deductions and simplify your taxes. Manage Your Personal, Business, and Rental Property Finances in One Place Organizes Your Finances All in One Plac… |
6 End Of Year Tax Tips For A Bigger Refund In 2010
I know the last thing most people want to think about this holiday week is their taxes. But if you’re like me, and want the biggest refund possible next April, now is the time to make some year end tax moves that could mean more cash at tax time.
Personal Financial Planning Tips : How to Select a Good Mutual Fund
Insurance Premium Deductible
March 3rd, 2008
Question: Can medical / dental insurance costs including premiums paid PRE-TAX be tax deductible?
Can dental / health insurance premiums paid pre-tax and deducted from my paycheck be considered in itemized deduction?
Answer: yes they can, any medical expense including ones from your pretaxed income, can be added on the scedule a. the only exception would be if your employer paid for the insurance. if you pay for it, you can include it. i am a tax preparer and i am sure of this. now the only limit would be getting you over the thresehold of %2 of your agi.
Items on Amazon Right Now for Insurance Premium Deductible:
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SquareTrade 2-Year Cell Phone Accidental Protection Warranty Accidental Damage from Handling (ADH) guards you against life’s little mishaps, whether you drop your cell phone on the street or splash coffee on your laptop. ADH must also be purchased within 30 days of when you bought your item. ADH coverage begins on the 31st day after the item’s purchase – issues in the first 30 days are not covered. Upon purchase, you will get an email confirmation. You … |
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A voluntary deductible in social health insurance with risk equalization: community-rated or risk-rated premium rebate?.: An article from: Journal of Risk and Insurance $9.95 This digital document is an article from Journal of Risk and Insurance, published by Thomson Gale on September 1, 2006. The length of the article is 9463 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTi… |
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B&M premiums, deductibles are on the rise. (boiler and machinery insurance): An article from: National Underwriter Property & Casualty-Risk & Benefits Management $5.95 This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on January 17, 1994. The length of the article is 648 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase…. |
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Smaller buyers still at market’s mercy; agents must depend on deductibles, credits to help contain rising premiums.(BIGGER IS BETTER): An article … & Casualty-Risk & Benefits Management $5.95 This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on May 16, 2005. The length of the article is 1543 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. Yo… |
10 stories to watch in 2010
A new year means a new opportunity for our reporters and photographers to inform our readers of the issues affecting Maine. Here are some of the stories we’ll be following.
IDA Marketing Services has designed a service to help Americans save up to 40% monthly on their Auto Insurance premiums
Health Insurance Deductible Taxes
March 2nd, 2008
Question: is health insurance through your employer tax deductible?
Answer: that depends of whether it was taken out pre tax or after tax
if it was taken out on a pre taz basis then no, because you didn’t pay tax on that money. If it was taken out after tax then yes it could be. You need to ask your payroll dept how is was taken out.
It is only a deductible expense if you are Itemizing your deductions on Schedule A rather than taking the Standard Deduction. And all medical expenses must be reduced by 7.5% of your adjusted gross income
Items on Amazon Right Now for Health Insurance Deductible Taxes:
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Would your business owner clients be interested in a tax-deductible buy-sell?(Business Insurance): An article from: National Underwriter Life & Health $5.95 This digital document is an article from National Underwriter Life & Health, published by The National Underwriter Company on November 15, 2004. The length of the article is 1200 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web b… |
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Using tax-deductible company dollars for personal life insurance: for many business owners, this is the ‘holy grail’ of insurance planning.(Focus: … from: National Underwriter Life & Health $5.95 This digital document is an article from National Underwriter Life & Health, published by The National Underwriter Company on September 13, 2004. The length of the article is 1356 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web … |
Most elected officials volunteer for wage freeze
Citing the difficult economy, most of Crow Wing County’s elected officials and senior management staff volunteered for a wage freeze for 2010.
Six Steps for Buying Health Insurance – Intro
Posted in Health Care Tax Deductions | 
Tags: account, deductible, health, healthcare, taxes | 
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