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Are my insurance premiums for my health care insurance tax deductible? |
Are my insurance premiums for my health care insurance tax deductible? They are deductible only if you pay them with "after-tax" dollars. If they are paid with "pre-tax" dollars (i.e., your employer deducts the premiums before taking out your federal witholding tax), they are NOT deductible.Yes they are if you itemize Yes, they are!So, when you go to file your taxes take the totals with you! |
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