A prompt response today would be appreciated. I’ve read and received contradictory information.
Thank you
Can retired educators receive tax deduction for health care premiums?
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One response to “Can retired educators receive tax deduction for health care premiums?”
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Since the current tax law only allows health insurance premiums to be deducted by businesses or self-employed business owners. This leaves most individuals that have to pay for the cost of their premiums themselves having to do so with after tax dollars. Unfortunately, there is no additional provision that would enable someone that is retired to also pay their premiums with tax-free dollars.
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