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.
For bonds acquired after December 31, 1987, the premium amortization is an offset against interest income. Unlike taxable bonds, premium on a tax-exempt bond must be amortized; you do not have a choice. The amortization is not deductible, yet it reduces your basis in the bond. Related Features