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How can I calculate my tax savings from filing my Obamacare Insurance premiums as a deduction?
Let me give a bit of background. Considering the increase in insurance premiums, yet again, I'm looking for alternatives to insurance. I'm creating all necessary calculations that I need to make a reasonable comparison, but the last important number I need to factor in is how much I save on my taxes by filing my Health Insurance premiums as an appropriate deduction.
I'm not asking any of you guys to tell me how much I saved last year, but is there as reasonable, ballpark figure or easy formula I can use to calculate how much I saved in taxes by filing my insurance premiums as deductible expenses?
I'm not asking any of you guys to tell me how much I saved last year, but is there as reasonable, ballpark figure or easy formula I can use to calculate how much I saved in taxes by filing my insurance premiums as deductible expenses?
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‎June 3, 2019
12:24 PM