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New Member
posted Jun 8, 2025 12:18:16 PM

Are my EE Life insurance, long and short term disability premiums valid Medical expenses?

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1 Replies
Moderator
Jun 10, 2025 1:07:47 PM

No. Generally, you can't deduct your life insurance premiums, unless you use your life insurance policy as collateral for a loan related to your business. 

 

Disability insurance premiums are not tax deductible. They may even be taxable if they were a benefit provided by your employer.