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Retirement tax questions
Health insurance premiums paid from a retirement pension can be deductible as a Sch A itemized deduction.
To enter this amount you would:
To enter Medical Preiums Paid
- Click on Federal Taxes (Personal using Home and Business)
- Click on Deductions and Credits
- Click on I'll choose what I work on (if shown)
- Scroll down to Medical
- On Medical , click on the start or update button
Note: The total medical expenses will need to exceed 10% (7.5% for those born before 1/2/52) of your AGI to receive a benefit. You can always enter your medical expenses and TurboTax will determine if you meet the thresholds.
May 31, 2019
8:09 PM