Tax Deductions
Out-of-pocket health spending in excess of 7.5 percent of adjusted gross income is tax-deductible for all individuals. Self-employed workers may deduct up to 100% of their premiums for health insurance so long as this does not exceed their net income.
Links
- John Sheils and Randall Haught. The Cost Of Tax-Exempt Health Benefits In 2004. Health Affairs Web Exclusive, February 25, 2004. [Abstract]
- Tax Deduction (Health Affairs search)
