My company allow me to buy my parent's health insurance with me. can i include that amount into my itemize deduction? even though my dad file his own tax return; my dad is not a dependent on my tax return;
2007-02-19 08:43:58 · 3 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
1) Most employer provided health insurance is deducted "pre-tax" so there is no deduction on the tax return.
2) Your parents must be your dependents (or would have been your dependents except for the gross income test) for you to take a deduction anyway. So, unless you are supporting them: No.
2007-02-19 08:59:10 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋
No, you can't claim medical expenses, health insurance or any others, for a person who isn't your dependent.
2007-02-19 21:11:50 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
Here http://wiz.sc/Ifp4G2 is an article i found on health insurance with information and tips etc. Hope it helps.
2007-02-20 15:00:53 · answer #3 · answered by gooner1212 3 · 0⤊ 0⤋