3688501
Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Find CRA error Netfile information >> HERE!

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

 
1 Reply

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

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.

 

 

Unlock tailored help options in your account.