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When I am able to itemize my deductions, my cost of health insurance is part of my deductions, along with the long-term health care insurance. However, I only get a portion of that. I believe the first 7 1/2% of your health expenses (of your gross income....or is it net.....one or the other) is NOT deductible.
You can contact any tax prep agency (H & R Block, Liberty, CPA firm) and ask!!!
8 years ago. Rating: 3 | |
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