☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 11:15:51 PM

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.

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

0 1 548
1 Best answer
Intuit Alumni
Jun 4, 2019 11:15:52 PM

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

1 Replies
Intuit Alumni
Jun 4, 2019 11:15:52 PM

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