Business & farm
Please check to make sure the amount entered on box 5 (screenshot 2 below) is correct. It is this amount that the IRS considers a return of your previously taxed contributions and is therefore not taxable. Since Box 5 on your CSA-1099 can hold more than one item, continue through the TurboTax Interview to this page on the screenshot below. You would enter the health insurance premium amount. This will flow to Schedule A itemized deductions. However, it will only be deductible if you are itemizing and the amount for your total medical expenses (including health insurance premium) is more than 7.5% of your Adjusted Gross Income.
