How do health insurance tax deductions work for a member managed LLC?

Last Updated on Thursday, 24 December 2009 12:56 Written by Natural Health Team Thursday, 24 December 2009 12:56

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 or does the IRS health insurance differently?

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