topic If I had to pay for crisis insurance due to loss of healthcare coverage can't I deduct that? in Get your taxes done using TurboTax

If I had to pay for crisis insurance due to loss of healthcare coverage can't I deduct that?

phnxcg05 — Wed, 05 Jun 2019 02:55:04 GMT

If you are itemizing your return, you can include it in w...

Vanessa — Wed, 05 Jun 2019 02:55:08 GMT

If you are itemizing your return, you can include it in with medical expenses. You would get a deduction for it if your total medical expenses exceed 7.5% of your AGI.

AGI?

phnxcg05 — Wed, 05 Jun 2019 02:55:09 GMT

AGI?

Adjusted Gross Income on line 7 of your 1040. Basically...

Vanessa — Wed, 05 Jun 2019 02:55:11 GMT

Adjusted Gross Income on line 7 of your 1040. Basically if you only have income from your job then that would be your AGI.