As a retiree, I get a 1099R, the health care deduction box is checked, what does this mean?

[jhersh02]

This is at the bottom of the 1099R in a box that is not numbered.  Do I need to report this or is it perhaps (I hope) something I can take as a deduction?

[MargaretL · Accepted solution]

Yes, you can use it as a medical deduction for the health insurance premiums that you paid with your after tax dollars. You must have the amount that was actually used for this purpose; it is often listed on the bottom of the form. Otherwise, you should ask the administrator as to how much was paid for medical health insurance premiums, you do not want to guess that amount...

1. Federal Taxes
2. Deductions and Credits
3. Scroll down to Medical, select Medical Expenses, enter the total amount for all medical insurance premiums that you paid in 2016, including your 1099-R amount.