January 30, 2009
How should I do health insurance deduction from paycheck if I choose my own health insurance ?
shanravi_29 Generic Viagra Online Pharmacy asked:
I want to choose my own insurance instead of company sponsored plan.
Usually when generic norvasc pictures we elect company sponsored plan the premium on health insurance
is tax deducted from the paycheck.
I want to choose my own insurance instead of company sponsored plan.
Usually when generic norvasc pictures we elect company sponsored plan the premium on health insurance
is tax deducted from the paycheck.
But if I choose and pay my own insurance Can I still make tax deducted from each paycheck? or should I apply tax deduction during tax filing?
No Nonsense Muscle Building
Filed under Insurance by Administrator
Comments on How should I do health insurance deduction from paycheck if I choose my own health insurance ?
You can’t payroll deduct if you are paying your premiums on a private insurance plan. The insurance company will be billing you not your company. If you are self-employeed, have 1099 income, you deduct the premiums from your taxes. You have to weigh the pros and cons of each and make an informed decision on which is better for you.
You need to talk to your employer’s payroll dept.
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