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Senate approves tax deduction for self-employed health insurance premiums
Summary
Senate Bill 168, which allows self-employed individuals to subtract health insurance premiums from taxable income (with amendments to avoid duplicate deductions), passed the Senate after committee adoption and a roll-call vote.
The Utah Senate approved Senate Bill 168, offering a state income-tax subtraction for health insurance premiums paid by self-employed individuals.
The Revenue and Taxation Committee reported a favorable recommendation and the sponsor explained the measure’s intent: to extend parity to self-employed taxpayers who now shoulder health-insurance costs without…
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