Comments on: Ask the Taxgirl: Health Insurance Premiums

By: Rick

Rick — Fri, 09 May 2008 18:29:30 +0000

It is best not to forget other issues for unemployed folks. Penalties for taking money out of retirement plans to cover expenses over the same 7.5% can be waived. I would never recomend doing this however, the loss of value over time is too great.

By: Casey

Casey — Tue, 22 Apr 2008 20:26:22 +0000

In the example, what qualifies as an ‘expense’ for to reach the 7.5% minimum. For example if I have two separate hospital visits each being 2k, can I count that as reaching the 3k minimum by summing together? Also, you could apply the same example to medical premiums if a person has two or more medical plans in the same year. So can you add the cost of multiple medical plans to reach the minimum?

By: Monday RoundUp - Finances, insurance, and that blasted email

Monday RoundUp - Finances, insurance, and that blasted email — Mon, 31 Mar 2008 13:06:08 +0000

[...] TaxGirl, Kelly gives us the DL on health insurance premiums and how to deduct them. This is an oft-overlooked writeoff so check it [...]

By: Diane

Diane — Sun, 23 Mar 2008 18:39:06 +0000

Thank you so much for writing on this tpoic. My brother and sister-in-law own their own pottery and company, and may or may not have known this. ! I will see that they get this information

Thanks Again
Diane

By: Laura Spencer

Laura Spencer — Sat, 22 Mar 2008 22:58:51 +0000

This is good advice. I don’t think most people realize that you can deduct health care expenses over a certain amount.

This post should save some of your readers a bit of money.

By: Insurance » Blog Archive » Ask the Taxgirl: Health Insurance Premiums

Insurance » Blog Archive » Ask the Taxgirl: Health Insurance Premiums — Sat, 22 Mar 2008 20:48:03 +0000

[...] girlfiend just wrote an article aboutHere’s a preview of it: [...]