Level 3
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Other financial discussions

I have to pay tax on my health insurance now that I’m divorced. My paystub shows the amount I pay for my coverage each pay check. It’s taken out pre-tax but then below that they add the amount back to my income. I’ve read about what imputed income is and my employer doesn’t charge me a percentage of the health insurance cost, they add the entire amount back so I’m taxed on the full amount. How can I figure out how much this costs me monthly?