Is Disability Insurance Tax Deductible?

  1. 2180 POINTS
    Kelly Moser
    Social Media Strategist, Disability Insurance Services, California
    For the average person, no, you can not deduct your premiums. However, if you are a business owner with a corporation, you can pay your premiums through your corporation.  At the end of the year, you would claim those premiums paid as income.  Always, ALWAYS consult your financial advisor or CPA for tax laws regarding tax laws for insurance.
    Answered on October 10, 2013
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