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Is there a place to put the amount in Box 5 on our 1099R form? We pay part of our health insurance.

 
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DianeW
Expert Alumni

Is there a place to put the amount in Box 5 on our 1099R form? We pay part of our health insurance.

Yes, if you can itemize your deductions the health insurance payments, if they are paid with after-tax funds from your retirement account, they are a medical expense deduction.  

Medical expenses in total are limited to the amount that exceeds 7.5% of your AGI. TurboTax has more information about medical expenses below.

  • Search for medical deductions > then use the "Jump to" link to enter your deductions.

https://ttlc.intuit.com/replies/4774889

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1 Reply
DianeW
Expert Alumni

Is there a place to put the amount in Box 5 on our 1099R form? We pay part of our health insurance.

Yes, if you can itemize your deductions the health insurance payments, if they are paid with after-tax funds from your retirement account, they are a medical expense deduction.  

Medical expenses in total are limited to the amount that exceeds 7.5% of your AGI. TurboTax has more information about medical expenses below.

  • Search for medical deductions > then use the "Jump to" link to enter your deductions.

https://ttlc.intuit.com/replies/4774889

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