Last year I left my job and I got this bill from my former employer regarding the healthcare insurance premiums that they paid for me. It was a lot more than what I usually paid. They said they charged me the full premium. Can I claim it as a medical expense in my tax return?
You'll need to sign in or create an account to connect with an expert.
Yes, you paid it with after tax dollars so it can be included with your medical expenses.
Thanks. But can I apply it to my 401k withdrawal? Because I used most of it to pay the bill.
You can choose the exception that allow you to subtract the amount that was over 7.5% of your AGI. Please see the screen shot below. You can also include it as a medical expense.
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.
stephens-patrick818
New Member
lasq90
Returning Member
adm
Level 2
coltom
New Member
f404
Level 3