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Hello, I received a Health Insurance Premium Rebate for year 2020. Do I need to include this money as income on my 2021 tax return?

The rebate was received September 20, 2021.
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MaryK4
Employee Tax Expert

Hello, I received a Health Insurance Premium Rebate for year 2020. Do I need to include this money as income on my 2021 tax return?

You would only have to include the Health Insurance Premium Rebate as income for 2021 if you deducted medical expenses on your Schedule A (itemized deductions) in 2020.

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3 Replies
MaryK4
Employee Tax Expert

Hello, I received a Health Insurance Premium Rebate for year 2020. Do I need to include this money as income on my 2021 tax return?

You would only have to include the Health Insurance Premium Rebate as income for 2021 if you deducted medical expenses on your Schedule A (itemized deductions) in 2020.

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

Hello, I received a Health Insurance Premium Rebate for year 2020. Do I need to include this money as income on my 2021 tax return?

Thank you and God bless.

DBrooks55
New Member

Hello, I received a Health Insurance Premium Rebate for year 2020. Do I need to include this money as income on my 2021 tax return?

Thanks very much ! The letter that accompanied the rebate check only said to consult your Tax Advisor.

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