Program Requirements: 1  Must be at least 18 years of age. 2  Must have a high school diploma or a graduate equivalency diploma (G.E.D.) 3  Must provide proof of Level II criminal background screening prior to enrollment.  Must provide proof of current 1  immunizations. Must provide proof of annual tuberculin skin test  (PPD)
Life insurance policy premiums do not typically qualify as eligible income tax deductions. However, in certain situations involving employee benefits and other corporate arrangements, some of the premiums paid may be tax deductible.
Finally, the real benefit of the tax-deductible nature of Supplemental Insurance premiums is evident when calculating aggregate medical expenses. Total medical expenses must exceed 7.5 percent of adjusted gross income (AGI) to deduct them from taxes.