Has anybody taken as a health insurance deduction the personal protection benefits portion of the auto insurance policy.
I have taken this deduction in the past and the insurance companies talk about it because this part of the policy is for hospitalization. In the past some of the people that I came in contact with were taking this deduction. Lately I have talked to a few tax return preparers and they have not heard about it. Maybe my interpretation is wrong but I was wondering how other preparers in the community think about this issue. I have done some research and it seems to go both ways. What are the thoughts of you others in the tax preparer community?