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Deductions & credits
I am not sure about this, as FEHB is somewhat analogous to COBRA. My understanding is that because COBRA continues an employee's existing coverage under a previous employer's plan, someone making COBRA premiums can't deduct them on the front of the tax return as an adjustment to income (line 29 self-employed health insurance deduction), it's restricted to Schedule A as a medical deduction. Any other opinions out there?
‎November 13, 2019
12:19 PM