This is a Tax question. Specifically about deductions?

April 14th, 2010

I pay my health care premiums out of my own pay check. In other words I get paid then my employer subtracts my premium from my paycheck. can I deduct these premiums from my taxes?

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  1. janisko - April 14th, 2010 at 2:37 am

    As an employee you can only deduct them if the total of all your medical expenses exceeds 7.5% of your adjusted gross income and you file a Schedule A.

  2. B - April 14th, 2010 at 2:37 am

    i know they told me if i can show where i paid more than 4000 dollars in medical/dental bills then it would be a tax deduction but i had to pay more than 4000.

  3. Celeste - April 14th, 2010 at 2:37 am

    If you pay your health care premiums pre-tax, no.
    As your premium is not part of your taxable income.
    If you pay the premium after taxes, yes. But it must be at least or more than 7.5% of your AGI.

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