- Community
- Support
- TurboTax
- Credits and deductions
- Healthcare and medical expenses
- Can I deduct health insurance premiums taken from my paycheck?
Can I deduct health insurance premiums taken from my paycheck?
by TurboTax• Updated 7 months ago
In most cases, you can't deduct your share of health coverage costs for a group plan offered through your employer.
The reason? Most premiums are paid with pre-tax dollars, which means they are deducted from your wages before taxes are applied. Deducting them again as a medical expense would be "double-dipping."
You can only deduct the premiums if your employer included them in box 1 (Gross Wages) of your W-2. However, this is highly unusual and contrary to the standard practice.
Similarly, HSA and MSA contributions that come out of your paycheck aren't deductible either, as these contributions are funded with pre-tax dollars.
More like this
- Can I deduct Medicare premiums?by TurboTax•2461•Updated December 09, 2023
- Can I deduct health insurance premiums if I'm self-employed?by TurboTax•685•Updated January 27, 2024
- Can I deduct my homeowner's insurance?by TurboTax•2777•Updated November 22, 2023
- Can I deduct my Medicare premiums if I'm self-employed?by TurboTax•582•Updated March 27, 2024
- Can I deduct medical costs paid with HSA or MSA funds?by TurboTax•1909•Updated December 10, 2023
![Dynamic Ads](https://digitalasset.intuit.com/render/content/dam/intuit/cgcs/en_us/turbotax/images/TY23_Default_MAX_Refund_Dynamic_Ad_318x300.jpg)
![Dynamic Ads](https://digitalasset.intuit.com/render/content/dam/intuit/cgcs/en_us/turbotax/images/TY23_Default_MAX_Refund_Dynamic_Ad_300x50.jpg)