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Do I deduct my portion of premium payments If I must make up the difference in what my employer contributes to my union sponsored plan?

Forum|Forum|4 years ago
January 22, 2022
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My health insurance is sponsored by my union and partially paid for with employer contributions as a benefit. Any difference is made up of after tax personal contributions.

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Best answer by MAK70

Yes you can deduct as Medical Expenses. Note for federal taxes, the deduction is the amount that exceed 7.5% of your adjusted gross income, but you state may have a different threshold. If you enter in TurboTax it will let you know your best options.

M

MAK70Answer

Yes you can deduct as Medical Expenses. Note for federal taxes, the deduction is the amount that exceed 7.5% of your adjusted gross income, but you state may have a different threshold. If you enter in TurboTax it will let you know your best options.