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clar57dav
New Member

I paid health insurance premiums for myself and my wife and want to deduct these and the Long Term Care Premiums as well... how do i enter these expenses

 
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Leonard
Intuit Alumni

I paid health insurance premiums for myself and my wife and want to deduct these and the Long Term Care Premiums as well... how do i enter these expenses

Health insurance premiums and Long Term Care Premiums are deducted as an itemized deduction on Schedule A to the extent that they, along with other unreimbursed medical expenses exceed 7.5 percent of your adjusted gross income.  Schedule A is not available in TurboTax Free Edition you will have to purchase TurboTax Deluxe if you want to itemize your deductions.

The standard deduction for married filing jointly for 2018 is $24,000 if your itemized deductions do not exceede this amount then there is no tax benefit to itemizing your deductions.

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