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Part II. Treaties and Tax Legislation

SECTION 1. PERMANENT EXTENSION

Internal Revenue Bulletin — cb95-02.pdf · 2026-10-03 edition · updated 2026-10-04 · United States

AND INCREASE OF DEDUCTION FOR HEALTH INSURANCE COSTS OF SELF- EMPLOYED INDIVIDUALS.

(a) Permanent Extension. —Subsection (1) of section 162 of the Internal Revenue Code of 1986 (relating to special rules for health insurance costs of self-employed individuals) is amended by striking paragraph (6).

(b) Increase in Deduction. —Paragraph (1) of section 162(1) of the Internal Revenue Code of 1986 is amended by striking ‘‘25 percent’’ and inserting ‘‘30 percent’’.

(c) Effective Dates. (1) Extension. —The amendment made by subsection (a) shall apply to taxable years beginning after December 31, 1993. (2) Increase. —The amendment made by subsection (b) shall apply to taxable years beginning after December 31, 1994.

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▸Contents — Internal Revenue Bulletin — cb95-02.pdf
Internal Revenue Bulletin — cb95-02.pdf

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