1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    No you cannot deduct Disability Insurance premiums in most situations. Disability premiums are paid with money that has already been taxed, but then the benefit that is collected if a disability occurs, is not taxed at the time it is received. While Disability Insurance is considered a Health Insurance product, it is not counted as a medical expense by the IRS.
    Answered on August 31, 2013
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