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Can I deduct medical insurance for my self and family from my small business
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01-19-2008, 12:11 PM
al l
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Can I deduct medical insurance for my self and family from my small business
that I started last year? I am incorprated as a LLC. My wife is employed part time and does not recieve health care benefits.
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01-19-2008, 01:05 PM
Audrey A
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No you can't. Its important to separate personal expenses from business expenses. You can deduct the medical expenses on your personal income return.
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