Health Related Themes » Tax Deductions http://www.sitehum.com Thu, 14 Jan 2010 23:29:05 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 How do health insurance tax deductions work for a member managed LLC? http://www.sitehum.com/health/how-do-health-insurance-tax-deductions-work-for-a-member-managed-llc/ http://www.sitehum.com/health/how-do-health-insurance-tax-deductions-work-for-a-member-managed-llc/#comments Fri, 08 Jan 2010 04:38:48 +0000 http://www.sitehum.com/?p=54 health
prizice24 asked:


I own a business (LLC) with two other people. It is only us three; we do not have any additional employees. We pay for our health insurance through our business. Based on these facts, I was wondering how much I stand to save on my personal taxes. Is this a standard write off like any other business expense or does the IRS treat health insurance differently?

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