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How Do I Deduct My Empyer Health Insurance Premiums?

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How Do I Deduct My Empyer Health Insurance Premiums? Most premiums are paid with pre-tax dollars, which means they are deducted from your wages before taxes are applied. Deducting them again as a medical expense would be “double-dipping.” You can only deduct the premiums if your employer included them in box 1 (Gross Wages) of

How Do I Deduct Health Insurance Premiums From My Paycheck?

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How Do I Deduct Health Insurance Premiums From My Paycheck? Most premiums are paid with pre-tax dollars, which means they are deducted from your wages before taxes are applied. Deducting them again as a medical expense would be “double-dipping.” You can only deduct the premiums if your employer included them in Box 1 (Gross Wages)