1. 12689 POINTS
    Ted RatliffPRO
    Owner, SFS Associates,
    Check with your tax adviser, but as a general answer, yes it would be.  In most cases a self employed individual can deduct premiums, including disability insurance, from their taxes.  There may be some changes in this regard with implementation of the Affordable Care Act so again, check with your tax adviser.
    Answered on May 20, 2013
  2. 11773 POINTS
    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    Is Disability Insurance tax deductible for the self employed? Yes, it can be, but one should always double check with their trusted tax advisor on matters like this to make certain. One thing to keep in mind, that if a tax deduction is taken for the premium, the disability insurance benefit will be taxable income.
    Answered on May 20, 2013
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