Tax Expert Noel Spencer: Health Insurance Deduction Pre-Tax Dollars


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  • Noel Spencer



Can an employee claim a medical deduction for health insurance premiums paid through a pre-tax plan?


No, any amounts paid with pre-tax dollars are not deductible by the taxpayer. The tax benefit is received because the wages were excluded from taxable income altogether.

Noel Spencer
735 Broadway, Newburgh, NY 12550
845-220-2080
Ask Noel Spencer a Question
www.spencersfinancial.com




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