turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
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.

DebiKay
New Member

Can I claim Supplemental Insurance premiums?

I have supplemental insurance through 3 different carriers (AFLAC, etc.). I'd like to know if I can claim my premiums? (Seeing differing answers here.)
Connect with an expert
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.

1 Best answer

Accepted Solutions

Can I claim Supplemental Insurance premiums?

You can deduct premiums that you pay out of pocket with after tax money for medical insurance, vision insurance, dental insurance.
You can not deduct premiums for "cancer" insurance or any similar insurance that pays you a fixed amount per illness or per sick day. You can not deduct life insurance premiums.

View solution in original post

3 Replies

Can I claim Supplemental Insurance premiums?

You can deduct premiums that you pay out of pocket with after tax money for medical insurance, vision insurance, dental insurance.
You can not deduct premiums for "cancer" insurance or any similar insurance that pays you a fixed amount per illness or per sick day. You can not deduct life insurance premiums.
jimd
New Member

Can I claim Supplemental Insurance premiums?

I would like to know where I should claim my premiums on the tax form. 

JotikaT2
Employee Tax Expert

Can I claim Supplemental Insurance premiums?

Go to the Federal section of the program.

  1. Select "Deductions & Credits"
  2. Select "Medical Expenses"
  3. Continue entering your information as applicable until you see "How much did you spend on insurance premiums?"

Medical insurance premiums

 

If you are self-employed, please see the following for more information on where you would enter the premium.

 

Help for entering other insurance premiums paid

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies