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April 12, 2021
Question

If I paid health insurance premiums from my retirement annuity, where is this considered when I file my tax report?

  • April 12, 2021
  • 1 reply
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If my retirement annuity withheld health insurance premiums from my monthly distribution, why isn't this considered in box 5?

1 reply

April 12, 2021

Health insurance premiums are not deductible from an annuity distribution. Life insurance premiums may be as they may be paid in with after tax dollars, but not health insurance premiums. 

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