1.424 -Self-Employed Health Insurance Deduction

Item	Description	FY2015	FY2016	FY2017	FY2018	FY2019
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 family member. The insurance must be established under the self-employed individual's business. Origin: IRC § 162(I) Estimate: $47.5	42.5	42.3	43.0	45.3	47.5

Key:

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.