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Suzi
Lv 5

Tax Question Regarding Healthcare?

Can I deduct what I pay for my health insurance? My company pays part & I pay part? thanks.

2 Answers

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  • 1 decade ago
    Favorite Answer

    Generally, no. Most companies with that type of arrangement provide a W-2 on which the part that you paid is already deducted from your taxable income. You do not get to deduct it a second time.

  • 1 decade ago

    You can't deduct the monthly payments you make you can only deduct medical bills you have paid and also if you pay for a health spending account.

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