Are medical insurance premiums deductible

[nasa0116]

When my wife was working she had a family medical insurance plan through her company.  In 2017 she turned 65 and had to move to Medicare.  I was allowed to continue on her former company's insurance plan as I was not 65.  She was retired and was no longer receiving any compensation from the company.  Are the medical insurance premiums I am paying (as an individual and not as a self-employed person, etc) deductible on our personal income taxes.  

[DoninGA · Accepted solution]

The health care premiums you pay, the Medicare premiums she pays and any other qualified medical expenses you both pay are deductible as an itemized medical expense on Schedule A of your federal tax return.  However, only the amount of all medical expenses which are paid with out of pocket funds and are greater than 7.5% of your Adjusted Gross Income (AGI) can be entered on Schedule A.

[Opus 17]

As long as you are paying the premiums out of pocket (after-tax dollars) they are deductible.  If your wife was still paying your share via pre-tax payroll deductions, they would not be deductible, since the money was not taxed in the first place.