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#2
03-21-2005, 06:59 AM
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 Re: deductibility of group disability insurance premiums <keefnj[at]aol.com> wrote: - quote - > Can an LLC filing Form 1065 (law firm) deduct group
Probably, but with the statistics on how many people> disability premiums for: > 1. employees > 2. members (partners) actually utilize this benefit (relatively high) why would one wish to change that tax charteristics of the disabiltity income from non-taxable to taxable? Especially, since in general the cost is relatively low. -- Regards, Mark Rigotti << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
03-21-2005, 06:21 AM
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| Re: deductibility of group disability insurance premiums "keefnj[at]aol.com" <keefnj[at]aol.com> wrote: - quote - > Can an LLC filing Form 1065 (law firm) deduct group
Yes.> disability premiums for: > 1. Employees - quote - > 2. members (partners)
Yes...as guaranteed payments.-- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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03-21-2005, 06:02 AM
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| Re: deductibility of group disability insurance premiums keefnj[at]aol.com wrote: - quote - > Can an LLC filing Form 1065 (law firm) deduct group
yes.> disability premiums for: > 1. employees - quote - > 2. members (partners)
and no.ChEAr$, Harlan Lunsford, EA n LA Sun 20 Mar 2005 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
03-18-2005, 11:45 AM
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| deductibility of group disability insurance premiums Can an LLC filing Form 1065 (law firm) deduct group disability premiums for: 1. employees 2. members (partners) << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| deductibility, disability, group, insurance, premiums |
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