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Pub 502 on deducting insurance premiums first paragraph is confusing. No help in step-by-step.
I'm trying to make sure I include medical deductions for all eligible insurance premiums, and could use help interpreting the Pub 502 first paragraph on that topic. Can someone tell me why the following looks contradictory to me but really is not contradictory, perhaps by paraphrasing it for me?
https://www.irs.gov/pub/irs-pdf/p502.pdf, Page 8
Insurance Premiums
You can include in medical expenses insurance premiums you pay for policies that cover medical care. You can't include in medical expenses insurance premiums that were paid and for which you are claiming a credit or deduction. ...
https://www.irs.gov/pub/irs-pdf/p502.pdf, Page 8
Insurance Premiums
You can include in medical expenses insurance premiums you pay for policies that cover medical care. You can't include in medical expenses insurance premiums that were paid and for which you are claiming a credit or deduction. ...
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‎June 4, 2019
11:27 PM