2 Answers
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!!!
11 years ago. Rating: 3 | |
Top contributors in Personal Finance category
Unanswered Questions
nohu52jpnet
Answers: 0
Views: 8
Rating: 0
kubetkyc88
Answers: 0
Views: 8
Rating: 0
TYPHU88
Answers: 0
Views: 9
Rating: 0
TYPHU88
Answers: 0
Views: 8
Rating: 0
TYPHU88
Answers: 0
Views: 7
Rating: 0
TYPHU88
Answers: 0
Views: 7
Rating: 0
TYPHU88
Answers: 0
Views: 7
Rating: 0
TYPHU88
> More questions...
Answers: 0
Views: 8
Rating: 0