| Item | Description | FY2010 | FY2011 | FY2012 |
|---|---|---|---|---|
| 1.424 | Self-Employed Health Insurance Deduction
Massachusetts adopts the federal deduction allowed to self-employed individuals for premiums on health insurance. Insurance may be for the individual, spouse, or member of their family. The insurance must be established under the self-employed individual's business. Origin: IRC secs. 162(I) Estimate: $45.3 |
40.2 | 42.7 | 45.3 |
| ORIGIN | |
| IRC | Federal Internal Revenue Code (26 U.S.C.) |
|---|---|
| U.S.C | United States Code |
| M.G.L. | Massachusetts General Laws |
| Rev. Rul.; C.B. | Revenue Ruling; Cumulative Bulletin of the U.S. Treasury |
| ESTIMATES | All estimates are in $ millions. |