Sunday, August 22, 2010

Are health insurance premiums that I pay and are deducted from my paycheck paid with after-tax dollars?


Question by davidgherron: Are health insurance premiums that I pay and are deducted from my paycheck paid with after-tax dollars?
My health insurance is through my employer but I have to pay part of the premium and it is deducted from my paycheck each pay period. I am filing my taxes and am being asked if the premiums are paid for with after-tax dollars. Any answers?


Best answer:

Answer by botygy
They are with after-tax dollars unless you are participating in a section 125 plan or the like.



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