Trust Pointe Tax and Financial Advisory

Health insurance premiums, including Medicare-B, -C, and –D; hospitalization; long-term care; and dental are all tax deductible, and subject to AGI limitations, if you itemize your deductions. If you are self-employed, including some partners, or a more-than-2% S corporation shareholder, you may be able deduct the premiums without itemizing and without AGI limitations.