turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

glosborne
Returning Member

Under deductions & credits, how would I record COBRA payment premiums?

I'm currently stuck on what I'm supposed to be doing at this point.

 

I mean, is COBRA a

 

Health Savings Account

Medical Savings Account

Medicare Advantage MSA

None of the Above?

 

 

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

Under deductions & credits, how would I record COBRA payment premiums?

COBRA is medical insurance obtained through your former employer's plan. they would be deductible as such on schedule A.

 

Consolidated Omnibus Budget Reconciliation Act

 

Aleks73
New Member

Under deductions & credits, how would I record COBRA payment premiums?

What deduction I can take for Cobra premiums when using Turbotax, 

Under deductions & credits, how would I record COBRA payment premiums?

Health care premiums that you pay, such as for COBRA insurance, are deductible as an itemized medical expense on Schedule A. 

However, if the total of your itemized expenses are not greater than the standard deduction for your filing status, there’s no tax benefit.  

Please see the TurboTax Help article Where do I enter my medical expenses? for guidance in entering your medical expenses.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question