Are form insurance premiums that I remuneration and are deduct from my paycheck compensated near after-tax dollars?
My health insurance is through my employer but I have to reward part of the premium and it is deducted from my paycheck respectively pay period. I am file my taxes and am being asked if the premiums are paid for near after-tax dollars. Any answers?
Answers:
Premiums are tax deductable as a part of your medical expenses if you are file long form. You add up every co-pay you made to doctors, hospitals, and prescriptions and the total cost you paid for these premiums and afterwards you get a percent of that total back on your taxes. Anything that you remunerated for any type of health care is deductable as long as you own a receipt (or in the baggage of health premiums you pay) they are on the W2. Check out this site to find the best health insurance purely in one minute,
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No, they are pre-tax.
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Answers:
Premiums are tax deductable as a part of your medical expenses if you are file long form. You add up every co-pay you made to doctors, hospitals, and prescriptions and the total cost you paid for these premiums and afterwards you get a percent of that total back on your taxes. Anything that you remunerated for any type of health care is deductable as long as you own a receipt (or in the baggage of health premiums you pay) they are on the W2. Check out this site to find the best health insurance purely in one minute,
http://best-free-health-insurance-quote-usa.blogspot.com/
Here you can get free quotes from different strength insurance companies in your area, its the best route to find an afforable health insurance with a reliable company.
Best Wishes, Source(s): http://best-free-health-insurance-quote-usa.blogspot.com/
No, they are pre-tax.
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