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Get your taxes done using TurboTax
Yes Turbo Tax does that automatically if you pay back the premium. But you have to have enough medical deductions to itemize (only amount over 7.5% of your AGI) and then be able to itemize deductions instead of taking the Standard Deduction.
For 2019 the standard deduction amounts are:
Single 12,200 + 1,650 for 65 and over or blind
HOH 18,350 + 1,650for 65 and over or blind
Joint 24,400+ 1,300 for each 65 and over or blind
Married filing Separate 12,200 + 1,300 for 65 and over or blind
‎October 7, 2020
2:16 PM