Welcome Guest. Register Now!  


Itemized Deductions Schedule-A


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 03-30-2017, 12:02 PM
Junior Member
 
Join Date: Mar 2017
Posts: 1
Contract employee and health insurance costs

Hi,
Over the years I have worked a variety of contract jobs, some paying 1099 and others pay W2. This year I worked 2 jobs that both paid w2. I am not eligible for employer sponsored health insurance because I am a consultant. My CPA says I cannot deduct the cost of my premiums as I was paid w2. This doesn't seem fair to me. Has anyone had any experience with this? Thanks so much for any feedback.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
deduct health care costs less than 10% of income oscarlehoya For 2016 0 02-23-2017 11:10 AM
C Corp Employee Health Insurance SFisher C-Corporation 3 04-29-2015 07:31 PM
What is the "Minimum Essential Coverage required by a Health Plan" by taxpayers in order to avoid incurring the Health Insurance penalty? TaxGuru Medical 0 02-03-2014 02:32 PM
Starting in 2014, Taxpayers may be eligible for the Premium Tax Credit if they purchase health insurance through the Health Insurance Market Place TaxGuru General 0 11-06-2013 03:27 PM
health insurance sportmommy3 C-Corporation 0 12-22-2010 10:30 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.