Wednesday, February 23, 2011

claiming health insurance on your taxes?

Can you claim health insurance premiums and co-pays on your taxes. I pay 220$ a month for insurance plus co-pays for doctor visits and prescriptions. Is that all tax deductible? I am also claiming the Lifetime learning credit because I am a college student if that has an impact.
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medical expenses are part of itemized deductions and if you don't itemize(which you probably don't) forget the whole thing the education credit does cause a change but if you don't have income, which you don't mention, why would you file at all?,
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