Is health insurance tax deductible?

Is health insurance tax deductible?
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What is a health insurance deductible?

Description : What is a health insurance deductible?

Last Answer : it means that for example, if a procedure costs 10000, you have to pay 7150 out of pocket, and insurance only pays the remaining 2850. a ludicrous concept to anyone outside of the colonies.

How can you make a high deductible health insurance plan work for you?

Description : How can you make a high deductible health insurance plan work for you?

Last Answer : answer:Check your policy; our high deductible plan ($2700) includes 100% coverage for maintenance' health care. Our exams, mammograms, and other preventative programs are covered. Also, see what HSA plans ... the beginning of your year to meet the deductible, then the rest of the year is covered.

Is a NEW car tax deductible if you own a business?

Description : Is a NEW car tax deductible if you own a business?

Last Answer : You will probably want to depreciate it over a period of time. Say 3 years.

Which services are subject to income tax deductible at source ? What is the tax rate ?

Last Answer : Fees for professional services Fees for technical services No fees or fees or commissions in whatever name they are paid to a director , which is not in the nature of salary Income Royalty Any aggregate income referred to in clause ( VA) of Chapter 28 Related to incomplete payments

Are election expenses tax deductible in US?

Description : Are election expenses tax deductible in US?

Last Answer : According to the IRS, any type of elections donation or contribution is not tax deductible. This includes contributing to a Political candidate, a campaign fund or even a newsletter. In your case, this ... If you decide to attend a political dinner, you can't deduct this from your taxes either.

Is installing a new air conditioning tax deductible?

Description : Is installing a new air conditioning tax deductible?

Last Answer : Is an energy efficient air conditioner installed in your hometax deductible

Are eye glasses tax deductible?

Description : Are eye glasses tax deductible?

Last Answer : Need answer

What are some charitable organizations I can donate to that are tax deductible?

Description : What are some charitable organizations I can donate to that are tax deductible?

Last Answer : The charitable organizations which provide tax deductions for donations include Green Planet, City International, For Humanity, Christian Mission, Parents and Children Together etc,

what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13,000?

Description : what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13,000?

Last Answer : what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13.000?

Is a car repair tax deductible?

Description : Is a car repair tax deductible?

Last Answer : a car repair can be tax deductible. but typically the stipulation is that the repair would have to be done on a vehicle used for work. typically something self employed people may have the privilage of doing.

Are your expenses tax deductible when you work at home?

Description : Are your expenses tax deductible when you work at home?

Last Answer : If you are an employee and itemize your deductions, you can deduct unreimbursed employee expenses subject to a number of limits. If you are a contractor or sole proprietor, you can take them off of ... that expenses for your home office are complicated and can be an audit trigger, so contact a CPA.

Are HELOC loans tax deductible?

Description : Are HELOC loans tax deductible?

Last Answer : If HELOC was used to improve your home, the interest paid on the loan is tax deductible up to 1 million dollars. If HELOC was used for other purposes, you can deduct the interest up to $100,000.

Is my car donation tax deductible?

Description : Is my car donation tax deductible?

Last Answer : Yes, car donations are deductible. Check with the group you donate the car to. If the organization you donate to is a registered charity, yes.

Where can I make a tax deductible car donation?

Description : Where can I make a tax deductible car donation?

Last Answer : You can make a tax deductible car donation at donateacar.com

I need to know if metal roofing is tax deductible, and what the general prices are for metal roofing.?

Description : I need to know if metal roofing is tax deductible, and what the general prices are for metal roofing.?

Last Answer : The average values nationwide associated with a typical roof renovation of 30 squares of standing seam metal are about $16,500 for the cost of the job. Since December 2010, the government can give tax deductibles to qualifying metal roofs up to 30% of the cost.

Financing availability and is it tax deductible?

Description : Financing availability and is it tax deductible?

Last Answer : The 529 college savings plan does not offer a tax deductible on federal income tax returns, however the contributions are considered gifts and come out tax free.

What can you tell me about a Roth IRA tax deductible?

Description : What can you tell me about a Roth IRA tax deductible?

Last Answer : The benefit to a ROTH IRA tax deductible is that it is TAX DEDUCTIBLE. But that does not mean that there are no implications, so you still have to be thorough.

I need more information or advice about IRA tax deductible.?

Description : I need more information or advice about IRA tax deductible.?

Last Answer : There is no deduction for a Roth IRA. The advantage is given when you take money out of he roth after retirement. No tax is paid on the interest earned on the roth IRA.

How will a tax on health insurance benefits affect people's behavior?

Description : How will a tax on health insurance benefits affect people's behavior?

Last Answer : There will be rioting in the streets.

Insurance question: Should a mortgagor (bank) be liable for some or all of the deductible?

Description : Insurance question: Should a mortgagor (bank) be liable for some or all of the deductible?

Last Answer : answer:Nice try, but no. In every house I have purchased, there have been clauses in that 30-page contract that put insurance and such all on you. It’s a nice dream, but that’s all.

What policies should be implemented now that you know that Mrs Gonzales’s secondary insurance will not cover her copayments until her high yearly deductible is met?

Description : What policies should be implemented now that you know that Mrs Gonzales’s secondary insurance will not cover her copayments until her high yearly deductible is met?

Last Answer : home equity loans, auto loans, and student loans

What is the average deductible for antiques insurance?

Description : What is the average deductible for antiques insurance?

Last Answer : The average deductible varies depending on your company. However, on average, the deductible is about $1000.

Can you get collision insurance with a $ 1000 deductible?

Description : Can you get collision insurance with a $ 1000 deductible?

Last Answer : Insurance deductibles vary depending on your car type, age and driving record. You should talk to your insurance company or shop around to meet your target prices.

What is the normal deductible for bodily injury liability car insurance?

Description : What is the normal deductible for bodily injury liability car insurance?

Last Answer : The deductible for bodily injury liability car insurance depends upon what you select. The deductible portion is not covered by the insurance policy and thus high deductible policies have a lower premium. Car insurance requirements also vary from state to state.

What's a better deal? the $50 phone from Best Buy with $10 a month warranty or $150 phone from Verizon with $6 a month warranty and $50 deductible?

Description : What's a better deal? the $50 phone from Best Buy with $10 a month warranty or $150 phone from Verizon with $6 a month warranty and $50 deductible?

Last Answer : answer:Well, strictly from a financial perspective, she's going to basically break even on the cost of the phone + warranty over a two year period, whether she gets the phone at Best Buy or ... phone. If your friend was happy with the phone before, she shouldn't stress over the warranty issue.

What is medicare deductible How much is allowed for mileage to and from medical doctors and hospitals?

Description : What is medicare deductible How much is allowed for mileage to and from medical doctors and hospitals?

Last Answer : medicare deductible is the amount you must pay each year before Medicare starts paying your claims. $800 With standard deductions allowed by the government to the doctors and hospitals.

Can Brownback really tax my health insurance?

Description : Can Brownback really tax my health insurance?

Last Answer : Ah Kansas, the conservative paradise of small government and Republican ideals!

Does health insurance need to exist?

Description : Does health insurance need to exist?

Last Answer : answer:If no insurance existed, then people who had money would get care and live, and people without funds would get sick and die. Or they would not be cared for at hospitals after an accident. ... fall away. Essentially, we would be about in the same position that Ethiopia and Sudan are today.

What happens if I manually submit a "cash pay" claim to my health insurance provider?

Description : What happens if I manually submit a "cash pay" claim to my health insurance provider?

Last Answer : There is another option – that $0 would count toward your deductible.

When will it be possible to buy health insurance with a pre-existing condition?

Description : When will it be possible to buy health insurance with a pre-existing condition?

Last Answer : From my research, it looks like that will not kick in until 2014. Here is the article from The New York Times that details which features will begin when.

Health insurance covers a part of the plastic/cosmetic surgery's payment, con or pro?

Description : Health insurance covers a part of the plastic/cosmetic surgery's payment, con or pro?

Last Answer : Unless it is restorative surgery or to remedy a deformation, tumor, etc. then I do not see a reason for covering it.

Do you need to have health insurance to buy Wal-Mart's $4 prescriptions?

Description : Do you need to have health insurance to buy Wal-Mart's $4 prescriptions?

Last Answer : So long as you have a valid prescription you can buy it. No insurance required.

What is a good health insurance that covers everything?

Description : What is a good health insurance that covers everything?

Last Answer : Move to Canada, and obtain residence status.

Should there be health insurance coverage for female genital mutilation reversal surgeries?

Description : Should there be health insurance coverage for female genital mutilation reversal surgeries?

Last Answer : YES.

I am unemployed and my COBRA just ran out last month. Any suggestions for cheap health insurance? I am from New York.

Description : I am unemployed and my COBRA just ran out last month. Any suggestions for cheap health insurance? I am from New York.

Last Answer : I recommend you start with your state's health services programs: http://www.nysegov.com/citGuide.cfm?superCat=106&cat=110&content=main http://www.nyhealth.gov/nysdoh/fhplus/index.htm http://www. ... jobs, Vocational Rehabilitation services might also help: http://www.vesid.nysed.gov/do/home.html

Who are the top health insurance companies?

Description : Who are the top health insurance companies?

Last Answer : Regence, Premera

Cheapest ways to get an MRI w/o health insurance?

Description : Cheapest ways to get an MRI w/o health insurance?

Last Answer : Call a lab that has an MRI and tell them that you don’t have insurance and ask them if they would give a cash discount. I have a friend that works at a lab and they do this all the time.

Should there be a tax on fatty foods?

Description : Should there be a tax on fatty foods?

Last Answer : answer:Perhaps, if the goal was to offset the strain of medical costs that obesity places on our society, rather than as a dissuasion. I assume from your phrasing that this is not actually a question?

What do you think of the proposed soda tax?

Description : What do you think of the proposed soda tax?

Last Answer : I think it’s great – it gives us necessary money and it will help fight the obesity epidemic

Does an increase tax effect your behaviour?

Description : Does an increase tax effect your behaviour?

Last Answer : answer:I live in Chicago and we also have high taxes on cigarettes and liquor too. I haven't seen people quit smoking because of the tax or quit drinking. I also don't believe that increasing ... lowers consumption. Its more of way to collect more revenue for the city and local governments. -R