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Level 7
March 18, 2024
Solved

199R Code W (LTC insurance premium), not taxable

  • March 18, 2024
  • 1 reply
  • 6 views

If it's not taxable, does that mean that the amount cannot be used for a self-employed health insurance, or in Virginia as a deduction for LTC insurance?

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Best answer by IRonMaN

Wouldn’t using tax free dollars as a deduction be like double dipping?

1 reply

IRonMaN
IRonMaNAnswer
Level 15
March 18, 2024

Wouldn’t using tax free dollars as a deduction be like double dipping?

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