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Janinaz
New Member

Long term care insurance

Are COBRA payments for medical insurance tax deductible?

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1 Reply
TomK2023
Expert Alumni

Long term care insurance

Maybe.  COBRA insurance premiums are tax deductible as a medical expense because you pay the premiums out-of-pocket without help from an employer.  You can only deduct the cost if the COBRA premiums and your other medical expenses exceed 7.5% of your AGI and you take the itemized deduction.

 

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