Top 10 Individual Tax Breaks

By SHARE

Exclusion of employer contributions for medical insurance premiums and medical care

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Employer-paid health insurance premiums and other medical expenses (including long-term care) are deducted as a business expense by employers, but they are not included in employee gross income.

Revenue loss fiscal years 2012-2016: $1,071.2 billion

Next: Deductibility of mortgage interest on owner-occupied homes


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