I'm still scratchin my head about insurance premiums being taxable income. Am I understanding this right...? The Feds tax it...the state taxes it, then you pay a premium and the the state taxes it again ?
run....run for your life!
"... Am I understanding this right...? The Feds tax it...the state taxes it, then you pay a premium and the the state taxes it again?" Yes, that's correct. They get you coming and going. A tax on a tax. I didn't want to highlight that in particular because it only confuses the issue even further.
Thanks for your correct observation.