You'll need to sign in or create an account to connect with an expert.
If your COBRA premiums were paid out-of-pocket, they are a medical expense that you can deduct as an itemized personal deduction on Schedule A, subject to the 10% threshold on medical expenses. You can't take them as a self-employed health insurance premium payment on Line 29 of Form 1040.
If your COBRA premiums were paid out-of-pocket, they are a medical expense that you can deduct as an itemized personal deduction on Schedule A, subject to the 10% threshold on medical expenses. You can't take them as a self-employed health insurance premium payment on Line 29 of Form 1040.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Vickiez1121
New Member
Vickiez1121
New Member
georgiesboy
New Member
Vivieneab
New Member
kac42
Level 2