A common question we get from small business owners is about the tax deductibility of health insurance premiums. Here is an overview of when medical premiums before tax versus after-tax ( "after-tax"). 
before tax medical premiums
There are certain types of medical premiums you can pay before taxes. These generally include health plans sponsored by employers, such as:
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medical coverage Major purchased by your employer
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Supplemental / voluntary coverage purchased by your employer
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Healthcare account the contributions of expenses, such as RTA
Tip - If you do not want to participate in pre-tax your employer's plan, you can choose to have your medical premiums deducted on an after-tax basis . For example, if you pay with after-tax money, you may be allowed to drop your coverage or enroll in the Plan at any time. If you pay with pre-tax money, you might have to wait a specific time to join the plan or to drop your coverage
Related :. Exclusions against tax withholding taxes with respect to health care tax credits
after medical tax Premiums
There are some types of medical insurance premiums, you must pay with after-tax dollars ( "after-tax"). These typically include plans that you buy for yourself, such as:
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medical coverage Major purchased on your own (eg by the market health insurance)
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Supplemental / voluntary coverage purchased on your own
free Money medical premiums tax
If you purchased coverage on an after tax basis, you may be able to receive reimbursement for tax-free premium if company offers a refund scheme tax free (eg account health reimbursement or healthcare repayment plan ) .
The use of these types of plans, reimbursements are tax deductible to the company and the employee free of tax, although some tax benefits vary business owner type.
Tax Deductions for medical premiums
Finally, if you paid for your medical insurance premiums with after-tax money you might be able to deduct your premiums as medical expenses annex when you file your tax return with the IRS.
Before you can get this tax benefit, your total medical insurance premiums must be more than 10 percent of your adjusted gross income, or 7.5 percent if you or your spouse is 65 or older.
If you paid your premiums with pretax money, or received a tax-free reimbursement for your premiums, you are not eligible for this credit tax since you have already received a tax break.
also, most independent taxpayers can deduct health insurance premiums using the line 29 on the 1040 deduction.
Conclusion
many small business owners pay for their own medical insurance. Although the payment of medical insurance in this case, is there after tax repayment plans and deductions available to receive similar tax treatment of purchased individual medical insurance.
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