Are Insurance Costs Tax Deductible. But you can’t deduct any healthcare costs before that, and you can’t deduct premiums your employer pays. For the 2020 and 2021 tax year, you’re allowed to deduct any qualified unreimbursed healthcare expenses you paid for yourself, your spouse, or your dependents—but only if.
The premiums can be expensive when they’re no longer subsidized by your former employer — however, your cobra insurance costs may. It isn’t generally known that costs for various types of insurances (versicherungen) can be deducted from your taxes. Finally, individuals can deduct the costs for.