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Health Insurance premium deduction while unemployed
I have read a lot of the other similar questions but I feel I am missing a full understanding of the answers.
While I was employed I paid a share of the health insurance premium. The share I paid was paid with pre-tax dollars, and resulted in a reduced AGI. From the middle of November I was not employed. I chose to continue my health insurance by electing Cobra. I paid a total of $2,846.68 in Cobra premiums in 2019 while I was unemployed. If I try to claim this as a medical expense it makes no difference due to the 10% rule, for the ten months of the year that I was employed I earned more than $28,466.80.
Can I claim the health insurance premiums as a deduction?
‎February 2, 2020
8:38 PM