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New Member
posted Apr 28, 2020 9:44:31 PM

Are COBRA payments deductable as Self-Insured Medical Plans in Michigan?

I have paid a full COBRA premium for a few months last year, in Michigan. I believe the amount is too small to qualify for Federal deductions, but I'm unclear if those payments are deductible for State of Michigan taxes. I received no compensation for the payments, I'm paying it fully myself.

 

Also, somewhat related to that, is the payment considered in a tax year for the year of coverage or the time the payment was made? i.e. is a payment made in December 2019 for January 2020 coverage considered part of 2019 or part of 2020?

 

Thank you!

 

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2 Replies
Not applicable
Apr 28, 2020 11:37:59 PM

 COBRA insurance payments won't qualify for the self-employed health insurance deduction.   

if you itemize the premiums are deductible in the year 

New Member
Apr 29, 2020 8:21:59 AM

Ok, thank you for the info!