- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
another possibility if you get a w-2 and you're paying thru payroll deductions at your employer. many employers have a cafeteria plan so in that case, the premiums you pay would likely be deducted from your gross wages on the w-2. in this case you are not entitled to a deduction. if you get your insurance through the Marketplace (Obamacare) there is special reporting. you'll get a form 1095-A that must be entered to generate form 8962 to determine what premium tax credits you are really entitled to. the correct insurance expense is automatically carried to schedule A medical expenses.
‎February 24, 2021
12:39 PM