Can i deduct insurance premiums deducted from my retirement check

peanut1517- — Tue, 04 Jun 2019 21:43:54 GMT

You can deduct unreimbursed qualified medical expenses, i...

Kat — Tue, 04 Jun 2019 21:43:56 GMT

You can deduct unreimbursed qualified medical expenses, including medical and dental insurance premiums.

But here's the deal about deducting medical expenses: Only the amount of your medical deductions that EXCEED 10% of your AGI for the year (7.5% if you're 65 or older, for a little longer) are deductible. So you'll need significant medical expenses to reap any benefit from this deduction. You must also itemize your deductions on Schedule A. See more info below.

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topic Can i deduct insurance premiums deducted from my retirement check in Retirement tax questions

Can i deduct insurance premiums deducted from my retirement check

You can deduct unreimbursed qualified medical expenses, i...