Insurance Deductable

[goodwinspeedbug]

Can I deduct the Deductable I pay before my insurance kicks in?

[Texas Roger]

What kind of insurance?

[goodwinspeedbug]

United Health Care thru work.I have a$ 2,800 deductable, it pays 90% after that.

[Texas Roger · Accepted solution]

Yes you can deduct medical expenses paid out of pocket that were not reimbursed by insurance. There is a high threshold to get any tax breaks from medical expenses. You can only deduct the amount of expenses in excess of 10% of your AGI (7.5% if 65 or over). To get a tax break that deductible amount when added to your other itemized deductions must be more than the standard deduction.

[goodwinspeedbug]

Thanks