|
|
LIST YOUR DAYCARE!
FIND A DAYCARE!
|
|
|||||||
| Daycare and Taxes All things related to Taxes and running a Daycare post here. Topics of tax exemptions, forms, filings, tax write offs, IRS etc. |
 |
|
|
Thread Tools | Display Modes |
|
#1
04-05-2012, 07:15 AM
|
||||
|
||||
Insurance, Secondary Policy Question?
The situation. Insurance offered through spouses job, he covers entire family. Not deductible. Have a secondary policy on the children through the state (MA) due to their disabilities (that we pay a parental fee for which is spendy), would this additional insurance be deductible on our 1040 as a self employment insurance cost?
|
|
#2
04-05-2012, 04:37 PM
|
||||
|
||||
|
insurance
No. Because you are eligible to participate in your spouse's health insurance plan.
__________________
http://www.tomcopelandblog.com
|
|
#3
04-05-2012, 05:02 PM
|
|||
|
|||
|
Something similar
Yikes. A little different but similar. Myself and my kids could be on my spouses plan but we elected not to as we found private coverage cheaper. I've been deducting this cost on my 1040. How many years back should I ammend? Dang.
|
|
#4
04-05-2012, 05:36 PM
|
||||
|
||||
|
Thank you Tom. I too would appreciate the answer to how many years back someone should ammend. Do you go back to the first known error or is X amount of years acceptable?
|
|
#5
04-06-2012, 08:24 AM
|
||||
|
||||
|
health insurance
If you are eligible to participate on your spouse's health coverage, but don't, you can't claim the health insurance deduction. You can go back 3 years to amend. Don't bother amending 2008, because the deadline for auditing 2008 is April 17, 2012.
__________________
http://www.tomcopelandblog.com
|
|
#6
04-06-2012, 08:38 AM
|
||||
|
||||
|
Thank you Very much Tom!!
|
|
| Thread Tools | |
| Display Modes | |
|
|
Similar Threads
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| Help! Home Insurance Question | DCBlessings27 | Daycare Center and Family Home Forum | 4 | 05-31-2012 09:21 PM |
| Home Insurance Rider Vs. Stand Alone Policy | jolson | Daycare Center and Family Home Forum | 7 | 11-01-2011 08:49 AM |
| Sickness Policy Question?? | MsKara | Daycare Center and Family Home Forum | 9 | 06-21-2010 09:15 AM |
| Where to get Business Insurance and Cost? | kpa0627 | Daycare Center and Family Home Forum | 1 | 06-08-2010 07:35 AM |
| Reserving Future Spots - Policy Vs Practical Question? | kdparadise | Daycare Center and Family Home Forum | 9 | 05-14-2010 06:58 PM |
Linear Mode
