Tax Deductible Insurance Premiums
March 20th, 2009
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Question: Are health insurance premiums deductible in year paid?
For the first time, I have to pay my retiree health insurance premiums in advance instead of in the month of coverage. I paid for Jan 09 and Feb 09 in Dec 08. I know that medical and dental expenses are deductible in the year paid, but what about insurance premiums. Is that Dec 08 payment deductible in my 08 taxes or my 09 taxes? I can’t find a clear answer in Schedule A instructions of Pub 502.
Answer: healthplans.my-age.net – here is my health insurance plan. As I remember they can provide such a service.
Items on Amazon Right Now for Tax Deductible Insurance Premiums:
Check rules, bills to find medical expense tax deduction
It’s more important than ever to take advantage of tax breaks that could lower your health care costs.
Tarryl Clark Update: Health care taxes should pay for health care
Posted in 
Tags: