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Foreign Healthcare plan deductible?
I am originally from Europe, and my home country provides healthcare coverage for citizens and their families residing abroad. I work and pay taxes in the United States, and I use my earnings to cover the monthly premium associated with this healthcare plan. Given that the plan is not directly provided by a U.S.-based company (though it collaborates with U.S.-based United Health), am I still eligible to deduct this expense from my taxes?
That being said I am also self- employed.
Thank you
‎January 10, 2025
12:42 PM