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patty12
New Member

pension adminstrator pay for health insurnance question

I just want to clarify for my husbands pension from law enforcement - they cover a lump sum of his medical for part of the year.  But it does not cover all of his medical insurance (and does not cover any of mine).  When it asks if the pension administrator has taken money from his pension to pay for health insurance, am I to put in just the amount that they did not cover for the year?  
For example, the lump sum insurance allowance only lasts for 9 months, so the last 3 months of the year we pay all of his insurance premium.  Is that the amount that I put for the amount taken out to pay for his health insurance?

Thank you in advance,

Patty

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1 Reply
DMarkM1
Expert Alumni

pension adminstrator pay for health insurnance question

In that 1099-R interview you will enter the amount the Plan Administrator "did" take out for medical insurance premiums.  Up to $3000 can be a deduction there.  Any remaining premiums paid can de deducted as a medical expense on schedule A as an itemized deduction.

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