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I cancelled my employer provided health insurance, but they charged me and will reimburse me. Is that refund taxable?
I pay for health insurance through my employer and it's deducted from the first paycheck of the month. My wife recently added me onto her new policy through her work and I tried to cancel before the billing cycle, but wasn't able to in time. My next paycheck has the deduction for my health insurance and I've been told I'll be reimbursed, but it will be subject to applicable taxes. Is this true?
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‎August 7, 2019
2:13 PM