Are my health care premiums a deduction? My insurance is not through my employer and i pay it out of pocket every month.

lora1 — Tue, 04 Jun 2019 00:35:03 GMT

Yes - Your health care premiums are deductible as a medic...

IreneS — Tue, 04 Jun 2019 00:35:04 GMT

Yes - Your health care premiums are deductible as a medical expense. Please keep in mind the following about deducting your medical expenses:

You don't get the benefit if you are taking the standard deduction.
If you itemize deductions, you will only be able to take total medical expenses that are greater than:7.5% of your adjusted gross income if you are age 65 or over (born before January 2, 1951).

To edit your medical expenses in TurboTax, please follow these steps:

Click on Federal > Deductions & Credits
In the Medical section, click on the Start/Revisit box next to Medical Expenses.
TurboTax will then ask you if your total medical expenses exceed a certain number. [That's the 7.5% AGI mentioned above.]
If you think your total medical expenses will exceed that number, continue through the interview, entering the requested information on your medical expenses.