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Premiums you paid out of pocket for supplemental medical insurance are deductible.
Premiums you paid out of pocket for supplemental medical insurance are deductible.
Where does this deduction go on your form?
Follow the steps below to deduct out of pocket Supplemental Medical Insurance :
To deduct the medical expenses you must itemize your deductions and the total medical expenses must exceed 7.5% of your AGI. To itemize, the total of your itemize deductions must exceed your standard deduction. Medical expenses are reported on Schedule A line 1 and it will carry over to form 1040 line 9.
Edited [03/01/2020(07:21 PST)]
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