Yes you can deduct health insurance payments you made if you itemize and are able to claim medical expenses.
Possible Itemized Deductions are:
- Medical and dental costs above and beyond 7.5% of your AGI
- State, local, real estate, and personal property taxes ($10,000 limit)
- Home mortgage interest
- Charitable donations and gifts
The Itemized Deduction will only be beneficial if you are over the Standard Deduction amount.
Standard deductions for 2020
- Single - $12,400 add $1,650 if age 65 or older
- Married Filing Separately - $12,400 add $1,300 if age 65 or older
- Married Filing Jointly - $24,800 add $1,300 for each spouse age 65 or older
- Head of Household - $18,650 add $1,650 if age 65 or older
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