You may take a deduction for certain health insurance premiums on line 18 instead of IA 1040, Schedule A. Your IA 1040, Schedule A cannot contain any health insurance premiums which are used as a deduction on line 18. Typically, health insurance premiums are made on a pre-tax basis when they are deducted from wages. These premiums are not eligible to be claimed on line 18 or IA 1040, Schedule A.
Enter 100% of the amount paid for:
- health insurance premiums paid with post-tax dollars
- supplemental health insurance, such as:dental insurance premiums paid with post-tax dollars
- Medicare B supplemental medical insurance
- Medicare D voluntary prescription drug insurance
- long-term nursing home coverage premiums paid with post-tax dollars regardless of age
Do NOT include:
- “Medicare tax withheld” on your W-2
- premiums paid with pre-tax dollars
- premiums which are later reimbursed, in the same tax year