If I increased my insurance coverage for 2020 for a health diagnosis, to reduce my out-of-pocket expenses, can I claim this increase on my taxes?
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1 Replies
DoninGA
Level 15
May 15, 2021 3:21:12 PM
If you are referring to an increase in your health care premiums that you paid with out of pocket funds, which were not reimbursed, the premiums can be entered as an itemized deduction on Schedule A.