Yes, it is possible that you can deduct your monthly health insurance premiums!
However, in order to deduct your health insurance you must be considered self-employed and you cannot have an offer to purchase health insurance through an employer or spouse.
iPhone users: You can find out if your health insurance is deductible by going to the "Health Insurance" category of the Expense page in your app. You'll answer a few questions, and then if your health insurance is deductible then you can add in your plan in order to deduct the premiums.
Android users: You’ll be able to track your health insurance expenses in a few short months! In the meantime, you can find out if your health insurance is deductible with this article.
Comments
0 comments
Article is closed for comments.