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February 11, 2020
Question

Pension plan

  • February 11, 2020
  • 1 reply
  • 0 views

My pension plan pays my health insurance premiums from my monthly amount. My 1099R reflects a total taxable amount that includes the monies paid directly to the health insurance company. I am not a public servant and want to know if I can deduct the amount paid for health insurance premiums.

    1 reply

    AmyC
    Employee
    February 11, 2020

    Yes, you can deduct those after tax premiums on schedule A, if you are itemizing deductions.

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