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#3
02-17-2006, 05:25 AM
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 Re: deducting COBRA premiums ? - quote - > > I quit my job halfway through 2005 and continued my
Umm, no !> > health-insurance using COBRA, contributing about $2200 in > > premiums. I did not earn any self-employment income at all. > > Is there any way for me to deduct these COBRA premiums, > > other than on Schedule A and so subject to the 7.5% AGI > > exclusion? > The only other way would be if you are one of the relatively > small number of people who are eligible for the Health > Coverage Tax Credit. Take a look at the requirements at the > following link. > http://www.irs.gov/individuals/artic...109945,00.html But thanks ... and for the other disappointing but expected no's. John << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#2
02-15-2006, 03:15 AM
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| Re: deducting COBRA premiums ? - quote - > I quit my job halfway through 2005 and continued my
The only other way would be if you are one of the relatively> health-insurance using COBRA, contributing about $2200 in > premiums. I did not earn any self-employment income at all. > Is there any way for me to deduct these COBRA premiums, > other than on Schedule A and so subject to the 7.5% AGI > exclusion? small number of people who are eligible for the Health Coverage Tax Credit. Take a look at the requirements at the following link. http://www.irs.gov/individuals/artic...109945,00.html Bob Sandler << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
02-15-2006, 02:56 AM
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| Re: deducting COBRA premiums ? jge[at]cs.unc.edu wrote: - quote - > I quit my job halfway through 2005 and continued my
Other than on Sch. A, no.> health-insurance using COBRA, contributing about $2200 in > premiums. I did not earn any self-employment income at all. > Is there any way for me to deduct these COBRA premiums, > other than on Schedule A and so subject to the 7.5% AGI > exclusion? -- D.F. Manno dfm2a3l0t2[at]spymac.com The problem with being sure that God is on your side is that you can't change your mind, because God sure isn't going to change His. (Roger Ebert) << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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02-15-2006, 02:56 AM
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| Re: deducting COBRA premiums ? jge[at]cs.unc.edu wrote: - quote - > I quit my job halfway through 2005 and continued my
No.> health-insurance using COBRA, contributing about $2200 in > premiums. I did not earn any self-employment income at all. > Is there any way for me to deduct these COBRA premiums, > other than on Schedule A and so subject to the 7.5% AGI > exclusion? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
02-14-2006, 05:26 AM
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| deducting COBRA premiums ? I quit my job halfway through 2005 and continued my health-insurance using COBRA, contributing about $2200 in premiums. I did not earn any self-employment income at all. Is there any way for me to deduct these COBRA premiums, other than on Schedule A and so subject to the 7.5% AGI exclusion? Thanks, John << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| cobra, deducting, premiums |
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