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Get your taxes done using TurboTax
I would like to ask a further question on this. We too get health insurance premium reimbursements through a HIPP program. My employer deducts these premiums pre-tax from my paycheck as any employer provided health insurance would work, and then our state (NY) sends us a check for the full premium amount to reimburse us. Wouldn't we have to report this as income, since the premiums have already beeen deducted pre-tax from my paycheck? Otherwise, I'm getting two tax-breaks, one when the employer deducts the premiums pre-tax, and then again if in fact these insurance premium reimbursements are counted as non-taxable income. Know what I mean?
‎February 11, 2025
11:15 AM