https://turbotax.community.intuit.ca/community/credits-deductions/discussion/are-my-ee-life-insurance-long-and-short-term-disability-premiums-valid-medical-expenses/01/3688501#M9683 Sun, 08 Jun 2025 19:18:16 GMT charityflowerday 2025-06-08T19:18:16Z https://turbotax.community.intuit.ca/community/credits-deductions/discussion/are-my-ee-life-insurance-long-and-short-term-disability-premiums-valid-medical-expenses/01/3688501#M9683 Sun, 08 Jun 2025 19:18:16 GMT https://turbotax.community.intuit.ca/community/credits-deductions/discussion/are-my-ee-life-insurance-long-and-short-term-disability-premiums-valid-medical-expenses/01/3688501#M9683 charityflowerday 2025-06-08T19:18:16Z https://turbotax.community.intuit.ca/community/credits-deductions/discussion/re-are-my-ee-life-insurance-long-and-short-term-disability-premiums-valid-medical-expenses/01/3688867#M9686 <P>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.&nbsp;</P> <P>&nbsp;</P> <P>Disability insurance premiums are not tax deductible. They may even be taxable if they were a benefit provided by your employer.</P> <P>&nbsp;</P> <P><IMG src="https://lithium-response-prod.s3.us-west-2.amazonaws.com/turbotax.response.lithium.com/RESPONSEIMAGE/4e647a0f-6d44-49fb-b23b-76d18ac5e17c.default/SM%20SAY%20THANKS%203.png" /></P> <P>&nbsp;</P> Tue, 10 Jun 2025 20:07:47 GMT https://turbotax.community.intuit.ca/community/credits-deductions/discussion/re-are-my-ee-life-insurance-long-and-short-term-disability-premiums-valid-medical-expenses/01/3688867#M9686 TurboTax_Susan 2025-06-10T20:07:47Z