I have a client tell me she deducts her medical premium which I know you can do but also all her expenses like copays, labs anything medical. She has a c-corp which its just her and her husband. They don't have an HSA or a Health Reimburcement account. The policy she has is an individual policy through BCBS which I sold her. She only racked up 1100 in bills last year and these people make good money.
Is this possible, I thought you could only write off your premiums or expenses if its 7.5% of your gross. Again she has no HSA or HRA. How is she doing this?
Is this possible, I thought you could only write off your premiums or expenses if its 7.5% of your gross. Again she has no HSA or HRA. How is she doing this?