deuce-ish: And it’s my understanding that you can only deduct beyond the 7.5%

deuce-ish
[ Post a Response | deuce-ish ]

And it’s my understanding that you can only deduct beyond the 7.5%

Posted by AceFrehley

on January 29, 2026, 22:29:01, in reply to "after 7.5%. and you have to itemize"

So based on 100k if you spend 10k on bills you only get to write off $2.5k. I could be wrong.

Under my plan 100% of out-of-pocket expenses would be tax deductible. If not 100% then 50% or something.

One part I am not clear on though is currently can you include your insurance premiums if you’re paying out-of-pocket? That does change it a bit, but I thought it was just straight up medical expenses, but I really don’t know.

Message Thread

Random thought: If you have health insurance and it's not covered by your job - AceFrehley January 29, 2026, 14:44:09

i believe it is.* - arthurkirkland January 29, 2026, 15:10:33
- after 7.5%. and you have to itemize - Playoff Rondo January 29, 2026, 15:17:32
  - And it’s my understanding that you can only deduct beyond the 7.5% - AceFrehley January 29, 2026, 22:29:01
  - who doesn't have a hdhp anymore?* - Ari Gold January 29, 2026, 20:47:32
  - Ummm I itemiz and don't live in those states * - stubborn January 29, 2026, 19:38:44
    - i know there are exceptions - Playoff Rondo January 29, 2026, 19:45:49
  - Ummm I itemiz and don't live in those states * - stubborn January 29, 2026, 19:38:44

« Back to index | View thread »

Post a Response