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New Member
posted Jan 27, 2024 8:09:22 AM

What is the medical portion of my car insurance mean?

0 12 1063
12 Replies
Level 15
Jan 27, 2024 8:11:36 AM

It provides coverage for injuries sustained in the event of an auto accident.   You do not enter anything at all about that on a tax return.

Employee Tax Expert
Jan 29, 2024 1:59:20 PM

The auto policy premium is not deductible on the federal return, but part of it may be deductible on a state return. By any chance are you in Michigan? If not what state are you in?

 

@tshimmons

New Member
Jan 30, 2024 1:03:22 AM

Thank you

New Member
Jan 30, 2024 1:04:02 AM

Thank you 

New Member
Feb 14, 2024 12:23:45 PM

Where do I get this Number from on my Policy??

New Member
Feb 14, 2024 12:24:58 PM

Where do I find this Number

Level 15
Feb 14, 2024 12:25:25 PM

@bluedragon6471 We cannot see your policy.   Read the policy or ask your insurance agent.

New Member
Mar 30, 2024 7:13:05 AM

I reside in Michigan and am trying to determine the amount I can deduct for my medical part on my automobile insurance with State Farm.  I am unclear as to how to interpret my renewal statement.  Thanks.

Level 6
Mar 30, 2024 4:52:36 PM

Don't the following statements from Pub 502 allow you to deduct the portion of your auto insurance premium that is stated separately as medical care for you, your spouse, and your dependents (does not include medical care for others)?

 

Insurance Premiums (p. 8): If you have a policy that provides payments for other than medical care, you can include the premiums for the medical care part of the policy if the charge for the medical part is reasonable. The cost of the medical part must be separately stated in the insurance contract or given to you in a separate statement.

 

Insurance Premiums You Can't Include (p. 9): You can't include premiums you pay for the part of your car insurance that provides medical insurance coverage for all persons injured in or by your car because the part of the premium providing insurance for you, your spouse, and your dependents isn't stated separately from the part of the premium providing insurance for medical care for others.

 

@BillM223 @xmasbaby0 

Employee Tax Expert
Apr 3, 2024 4:48:30 PM

Yes, in MI automobile insurance is part of the Health Insurance Premiums and Total Household Resources to compute credits allowed on the MI tax return.

@J_Burgess 

@zomboo 

New Member
Jan 28, 2025 10:03:39 AM

Yes, Michigan

 

Employee Tax Expert
Jan 28, 2025 11:57:46 AM

This portion of your auto insurance premium would be displayed on your auto insurance coverage document as Automobile Medical Payments Coverage, or something similar.  It typically includes payments for medical treatment needed as a result of an auto accident.

See Line 31 in the Form MI-1040CR Instructions for more information.

@EST7