topic My husband is not self employed. He has his insurance payments on his W2, but it is marked post tax. What does that mean and can I deduct the insurance on our taxes? in Deductions & credits

My husband is not self employed. He has his insurance payments on his W2, but it is marked post tax. What does that mean and can I deduct the insurance on our taxes?

jrbschramm — Wed, 10 Mar 2021 19:21:55 GMT

Re: My husband is not self employed. He has his insurance payments on his W2, but it is marked po...

JoannaB2 — Wed, 10 Mar 2021 20:02:36 GMT

Under your employer's plan, your premium is deducted from your gross pay before tax and is calculated as earnings. The insurance payments can be deducted as medical expense, if qualified to itemize deductions. Note: The medical expenses must exceed 7 1/2 of household income.to deduct premiums paid.

Form W-2 is an Internal Revenue Service tax form used in the United States to report wages paid to employees and the taxes withheld from them

Re: My husband is not self employed. He has his insurance payments on his W2, but it is marked po...

jrbschramm — Wed, 10 Mar 2021 22:57:39 GMT

Is that why insurance on W2 is marked post tax?

Re: My husband is not self employed. He has his insurance payments on his W2, but it is marked po...

ToddL99 — Wed, 10 Mar 2021 23:06:18 GMT

Where and how were these insurance premiums identified as "post-tax" on his W-2?

Yes - If his medical insurance premiums were deducted from his after-tax earnings, then they should have been identified as "post tax" or "after tax" on his W-2.