Can I claim the amount I pay for my daughter's health insurance on my taxes? She is a toddler and my company does not pay for her medical care, it is all out of pocket.

[DoninGA · Accepted solution]

Any eligible medical expenses you paid with out of pocket funds, and not reimbursed, for yourself, spouse or dependents can be entered on Form 1040 Schedule A as an itemized medical expense deduction.   However, only your total medical expenses that are greater than 10% of your Adjusted Gross Income (AGI) can be deducted if you are under age 65.  If you are age 65 or older the AGI limit is 7.5%.  Your total itemized deductions reported on Form 1040 Schedule A must be greater than the standard deduction for your filing status to have any tax benefit.

Standard deductions for 2016 

• Single - $6,300 add $1,550 if age 65 or older
• Married Filing Separately - $6,300 add $1,250 if age 65 or older
• Married Filing Jointly - $12,600 add $1,250 for each spouse age 65 or older
• Head of Household - $9,300 add $1,550 if age 65 or older

To enter your medical expenses -

• Click on Federal Taxes (Personal using Home and Business)
• Click on Deductions and Credits
• Click on I'll choose what I work on (if shown)
• Scroll down to Medical
• On Medical Expenses, click the start or update button

Or enter medical expenses, sch a in the Search box located in the upper right of the program screen.  Click on Jump to medical expenses, sch a