Yes. As long as the amounts paid for medical insurance were deducted post-tax, they may be included as medical expenses for purposes of itemized deductions. However, only total medical expenses in excess of 7.5% of adjusted gross income (AGI) are deductible. To enter these expenses, follow these steps: From the Federal menu, click on Deductions & Credits Expand the menu for Medical Click Start/Revisit next to Medical Expenses Enter the information on the screens that followQualified Medical Expenses Keep in mind you would only itemize if your total deductions exceed the standard deduction for your filing status. What are Itemized Tax Deductions?

Question

1099-R, in Account Number (see instructions) box, MED INSUR: $8500.00 is posted. Is this deductible? If so how?

Forum|Forum|5 years ago
June 10, 2020
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VictoriaD75

Yes. As long as the amounts paid for medical insurance were deducted post-tax, they may be included as medical expenses for purposes of itemized deductions. However, only total medical expenses in excess of 7.5% of adjusted gross income (AGI) are deductible.

To enter these expenses, follow these steps: