It depends, The premiums purchased through the Health Insurance Marketplace are deductible on federal return, and may be on state return. In 2021, taxpayers can deduct qualified unreimbursed medical expenses over 7 1/2% of the adjusted gross income. If you received form 1095-A enter the information on the tax return. The amount of premiums paid will be transferred over to Schedule A (Itemized Deduction), if you're qualified to claim itemized deductions. If you're self-employed, you can claim the premiums as adjustment to your income or a business expense on Schedule C.
