How do I include health insurance premium portion of fees paid to retirement facility?
Other TT answer said IRS Code Section 213 is for Medical Expense and revenue ruling 76-481 approved the deduction of the portion of monthly fees paid to a retirement facility for provision of medical care. My question is where/how is this fee included in Schedule A?
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1 Best answer
PatriciaV
Expert Alumni
May 31, 2019 10:49:35 PM
Yes, the portion of the monthly fees specifically for medical care are deductible as Medical Expenses on Schedule A (Itemized Deductions). The allocated portion would be entered as medical facility fees (see screenshot below - click to enlarge).
1 Replies
PatriciaV
Expert Alumni
May 31, 2019 10:49:35 PM
Yes, the portion of the monthly fees specifically for medical care are deductible as Medical Expenses on Schedule A (Itemized Deductions). The allocated portion would be entered as medical facility fees (see screenshot below - click to enlarge).