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March 25, 2022
Question

Does Supplemental insurance premiums count as a deduction?

  • March 25, 2022
  • 2 replies
  • 0 views
We Both have supplemental insurance premiums, does this count as a deduction?

2 replies

Employee
March 25, 2022

Supplemental health insurance premiums are an itemized medical deduction on Sch A. You can only deduct an amount of total medical expenses greater than 7.5 percent of your AGI. 

Employee
March 25, 2022

Please define what type of insurance this is for.  Life?  Health?  Long Term Care?  Nursing Home? . . .