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Pre-Tax Insurance Premiums


Eli

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Client is a legal assistant for a bankruptcy attorney. She states they were were having lunch with the IRS employees who check returns for people who are filing for bankruptcies. She asked them about deducting her pre-tax insurance premiums on her income tax return (I had just told her this week they could not include that on their return). They told her that she could since it was being deducted from her check. Now she wants to amend the return to include the health insurance premiums.

What say ye??

Thanks!

Eli

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Client is a legal assistant for a bankruptcy attorney. She states they were were having lunch with the IRS employees who check returns for people who are filing for bankruptcies. She asked them about deducting her pre-tax insurance premiums on her income tax return (I had just told her this week they could not include that on their return). They told her that she could since it was being deducted from her check. Now she wants to amend the return to include the health insurance premiums.

What say ye??

Thanks!

Eli

They are being deducted from her Gross TAXABLE income. Therefore, not deductible again.

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