Health Insurance revisited

[thelawnguy]

Disclaimer: I am either too dumb or too lazy to do a search so please do not tell me to search...lol

I will soon need to provide my own health insurance and am questioning what the rules are on deductibility for self-employed individuals, as it may make a difference in the policy I get if its fully deductible.

Thanx in advance.

[bruces]

Originally posted by thelawnguy
I will soon need to provide my own health insurance and am questioning what the rules are on deductibility for self-employed individuals, as it may make a difference in the policy I get if its fully deductible.

Thanx in advance.

The deductibility is as follows:

2001 60%

2002 70%

2003 and thereafter 100%

[thelawnguy]

Thank you, Bruce.

[OBRYANMAINT]

those are correct and i assume you will be a sole proprietor.....they are different if your a corporation and have employees thatyou may provide insurancs for