Monthly Archives: December 2009

Deductions for Small Business Health Premiums

Beginning on 2009 returns, Alabama allows an enhanced deduction for small business health insurance premiums. The deduction is allowed for qualifying employers (those with less than 25 employees) and their qualified employees. Qualified employees are defined as an employee who earns no more than $50,000 of wages and reports no more than $75,000 ($150,000 for married filing a joint return) of Alabama adjusted gross income.
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