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Level 2
June 4, 2019
Question

Currently receiving health insurance through "Obama Care", not employer, thus they are not pre-tax dollars. Can these health insurance premiums be deducted?

  • June 4, 2019
  • 2 replies
  • 1 view
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2 replies

Critter
Level 15
June 4, 2019

Yes to the extent you paid them out of pocket and did not get the Premium Tax Credit on your return. 

RachelW33
Alumni - Expert
Alumni - Expert
June 4, 2019

Yes, Health Insurance Premiums you pay out of pocket for "Obama Care" can be deducted as a Medical Expense on Schedule A,  IF you itemize your deductions.  Keep in mind that you can only deduct what you actually pay out of pocket, so if you received a subsidy or premium tax credit, do not include those amounts as part of your total.

For more details about Deducting Medical Expenses on Schedule A, please see the FAQ below:  https://ttlc.intuit.com/replies/4774889 

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