topic Where do I enter a 1095-C form? in Get your taxes done using TurboTax

Where do I enter a 1095-C form?

juleslikeheaven — Sun, 07 Feb 2021 17:44:32 GMT

Re: Where do I enter a 1095-C form?

MayaD — Sun, 07 Feb 2021 18:07:07 GMT

You don't need to report form 1095-C Employer-Provided Health Insurance Offer and Coverage on your return. Just keep it for your record.

health insurance payments

astronomer127ed — Thu, 01 Apr 2021 19:00:20 GMT

can I deduct the money I contributed towards my health insurance?

Re: health insurance payments

Mike9241 — Thu, 01 Apr 2021 19:18:52 GMT

provide more details because if cover by your employer what's deducted from your paycheck may reduce your taxable wages. then there is no deduction. if see;f employed they may be deductible as self-employed health insurance.

on the other hand, if you get a w-2, but pay your insurance outside of your employment, thee it would likely be a schedule A medical expense.

Re: health insurance payments

JoannaB2 — Thu, 01 Apr 2021 19:21:04 GMT

No The premiums for company health insurance are non-tax deductible. Employers take out premium payments from your payroll on a pre-tax basis, therefore, your employee contributions were already taking advantage of the tax-savings and can't be deducted on your taxes. At the end of the year, employers send form 1095-C as proof of health insurance coverage.

On the other hand, Cobra insurance is a health plan that allows you to continue employer-sponsored insurance coverage even if you no longer work for that company. Premiums for COBRA insurance are tax deductible, as they are paid entirely by you on an after-tax basis.