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can i deduct my life insurance premiums on my taxes when filing my return

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I am filing my yearly tax return in Ma both state and federal Can I deduct my life insurance premium payments

asked Mar 20, 2014 in Federal Tax by B Warren
recategorized Mar 20, 2014 by DeniseC
   

1 Answer

+4 votes
In the case of entrepreneur of a business and a private tax payer, he cant deduct life insurance premium from the taxes when filing return on the basis of IRS.
answered Mar 20, 2014 by answerman Inquisitive Expert (58,420 points)

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