I took a buyout from my company in December 2016 but was eligible for 12 months of extended medical coverage. I paid the premiums with after-tax money; nothing was deducted from my severance pay or final wages.
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Yes, so long as the health insurance premiums for paid for with after-tax dollars, you can deduct them on Schedule A (Itemized Deductions). See Federal->Deductions & Credits->Medical->Medical Expenses.
Yes, so long as the health insurance premiums for paid for with after-tax dollars, you can deduct them on Schedule A (Itemized Deductions). See Federal->Deductions & Credits->Medical->Medical Expenses.
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