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.
In 2016, you signed a 3-year insurance contract. Even though you paid the premiums for 2016, 2017, and 2018 when you signed the contract, you can only deduct the premium for 2016 on your 2016 tax return. You can deduct in 2017 and 2018 the premium allocable to those years.