Benefits & Executive Comp
October 4, 2021, 9:39 pm
A taxpayer can claim a maintenance deduction for health insurance premiums paid under a separation agreement, the U.S. tax court ruled, objecting to the IRS that this counts as a double deduction.
Charles Leyh successfully sued the IRS for tax treatment of $ 10,683 in insurance premiums he paid for his then-wife in 2015 after agreeing to cover her health and vision insurance pending final divorce. In his 2015 tax return, Leyh excluded the contributions he and his wife received from his employer’s health insurance from gross income and also …
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