Which of the following is true about the self-employed health insurance deduction?
A)Dental insurance is not part of the allowable deduction.
B)Medical insurance is allowed as a deduction, subject to a dollar limitation.
C)Life insurance is allowed as a deduction.
D)Long-term care insurance is allowed as a deduction, subject to a dollar limitation.
E)The cost of insurance for dependent children is not allowed.

Question

Quizplus · Accepted Answer

Long-term care insurance premiums are deductible for the self-employed, but they are subject to age-based dollar limitations.

Which of the Following Is True About the Self-Employed Health