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We get insurance through the Marketplace. We also receieve the Premium Tax Credit. Is our remaining premium tax deductible?
We had a lot of medical expenses last year and are very close to the amount required for us to deduct medical expenses, but we have not factored premiums in yet, and that would put us over the required minimum. Are premiums deductible if we're getting insurance through the Marketplace and taking advantage of the Premium Tax Cut?
If so, will taking that deduction have any affect on the PTC we can receive in the future?
March 24, 2025
7:24 PM