On Dec 26, 9:25*pm, "Andrew" <and...[at]losset.net> wrote:
- quote -

Andrew, you are right on. If the OP's employer provides a similar
benefit (and he takes advantage of it), the answer to his question is
no. If the OP's employer doesn't do that (that is, if the op is paying
his med insurance with so called "post tax" dollars, then the answer
to his question is yes.

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removeps-groups[at]yahoo.com wrote:
- quote -

This isn't an answer becuz I am not qualified to give you one definitively,
but in my particular case, I think the answer is no. The company I work for
deducts the monthly out of pocket expense I have paid for my portion of the
premium from my gross salary, so my 'deduction' is already covered by a
lowering of my reported W2 net salary.

So perhaps you might be in the same boat depending on how you 'pay' your
monthly costs.

I'm interested to see what others say.

--
----------------------------- Regards -

- Andrew

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removeps-groups[at]yahoo.com wrote:
- quote -

See IRS Pub 502 at the web site. Yes, most medical insurance premium
payments are deductible, subject to the 7.5% AGI "floor" on Schedule A
(or 10% floor for AMT).

If the payments already received tax-free treatment, such as through an
employer group health plan, then of course they are not double-deductible.

-Mark Bole

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Are medical insurance monthly payments deductible on Schedule A
medical expenses? The instructions at <http://www.irs.gov/
instructions/i1040sa/ar01.html#d0e59> suggest this is the case because
the payments are made with post-tax dollars.

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >