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October 27, 2021
Question

Health Insurance Premiums

  • October 27, 2021
  • 1 reply
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I'm retired but not 65.  I pay health insurance premium through previous employer as medical retiree benefit.  It's subsidized a bit based on years of service.  I'm consulting so have income.   Can I deduct insurance premium that I pay?

    1 reply

    October 27, 2021

    No, since it is subsidized you are not able to take the deduction.

    Refer to Worksheet 6-A

    https://www.irs.gov/publications/p535#en_US_2020_publink1000208843

     

    I hope you find this information helpful!

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