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The first sentence of that paragraph states "you pay"... so you can deduct any premiums that you paid for with your after-tax dollars. It includes any of your medical, dental, other supplemental insurance. In TurboTax, you would total all insurance amounts and enter it as one insurance premium expense.
The second part of that paragraph states " that were paid" - it means the premiums were paid by employer for example, or were not included in wages (therefore it is pre-tax money)... Also, "for which you are claiming credit or deduction" - pre-tax premium is a deduction in a way, you cannot deduct it again (that would be double dipping). Also, self-employed individuals can take a deduction as an adjustment to income... they can't deduct it again as a medical expense itemized deduction.
I hope I clarified the issue, the IRS verbiage is often confusing and needs "translating" just as often.
The first sentence of that paragraph states "you pay"... so you can deduct any premiums that you paid for with your after-tax dollars. It includes any of your medical, dental, other supplemental insurance. In TurboTax, you would total all insurance amounts and enter it as one insurance premium expense.
The second part of that paragraph states " that were paid" - it means the premiums were paid by employer for example, or were not included in wages (therefore it is pre-tax money)... Also, "for which you are claiming credit or deduction" - pre-tax premium is a deduction in a way, you cannot deduct it again (that would be double dipping). Also, self-employed individuals can take a deduction as an adjustment to income... they can't deduct it again as a medical expense itemized deduction.
I hope I clarified the issue, the IRS verbiage is often confusing and needs "translating" just as often.
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