topic Insurance Premiums in Retirement tax questions

Insurance Premiums

poppi5070 — Thu, 06 Feb 2025 17:17:00 GMT

Hello

Can I deduct the premiums that I pay for Dental, BC/BS and Prescription Insurance?

Thanks

KrisD15 — Thu, 06 Feb 2025 17:20:25 GMT

Yes, those expenses are entered as Medical Expenses.

Enter under

Deductions & Credits

Medical

Medical Expenses START

The expenses will be reduced depending on your income

The deduction is only used if you itemize on Schedule A

poppi5070 — Sun, 09 Feb 2025 16:35:22 GMT

Thank you for the reply. Just wanted to be sure.