Is private health insurance tax-deductible?
Is private health insurance tax deductible? Yes, as long as you spend more than 7.5% of your income on medical expenses. Most private health insurance costs you pay out-of-pocket are tax-deductible, but some restrictions apply. These restrictions mainly depend on whether you’re self-employed, eligible for coverage with your employer, or have an HSA. Health insurance...
Is private health insurance tax deductible? Yes, as long as ...