Can I take a deduction for health care premiums if I am retired? I am paying for them for me and my spouse each month via my former employer COBRA.

rallie11 · ‎June 4, 2019

I am not sure that I received the form 1095A.

WillK · ‎June 4, 2019

As long as the medical insurance premiums are paid with after tax dollars then you can add them to your tax return along with your other medical expenses for the year. Medical expenses are an itemized deduction on Schedule A and are deductible to the extent they exceed 10% of your adjusted gross income (AGI). If you are 65 or over, they are deductible to the extent they exceed 7.5% Please click here for more information: https://www.irs.gov/taxtopics/tc502.html

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WillK · ‎June 4, 2019

As long as the medical insurance premiums are paid with after tax dollars then you can add them to your tax return along with your other medical expenses for the year. Medical expenses are an itemized deduction on Schedule A and are deductible to the extent they exceed 10% of your adjusted gross income (AGI). If you are 65 or over, they are deductible to the extent they exceed 7.5% Please click here for more information: https://www.irs.gov/taxtopics/tc502.html

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Can I take a deduction for health care premiums if I am retired? I am paying for them for me and my spouse each month via my former employer COBRA.