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View Full Version : Malpractice insurance deduction


argo644
Feb 19, 2009, 05:31 PM
Owner of the medical office, S-corporation, pays his malpractice insurance from the corporation. Is it business expense, or he should deduct it on his personal taxes as medical expense?

Please advise.

tickle
Feb 19, 2009, 05:53 PM
Malpractice insurance is a business expense.