Tax Line Item for Health Insurance Premiums

cbestsfnm

You do not have one. The IRS Schedule A does. You put those items under Doctrors, Hospitals, etc. That is wrong. You need a separate Tax Line Item.

Rocket J Squirrel

There are many missing tax line items and we have been asking for a long time.

https://community.quicken.com/discussion/7852431/why-doesnt-quicken-offer-finer-breakdown-for-irs-tax-schedule-a-categories-17-merged-votes

Ps56k2

FYI - we are not them…. we are just peer level customers -

…. You do not have one.

Unknown

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q_lurker

Actually, Schedule A does not have a line for those insurance premiums. TurboTax (and likely other similar packages) do build worksheets that ask for that info, but it all gets folded into the Line 1 toal of "Medical and dental expenses". (Snip from from presented on IRS.gov site.) Nevertheless, I am not disagreeing with the request that Quicken allow more granularity in their breakdown.

Rocket J Squirrel

Not all medical expenses flow unchanged to TurboTax Schedule A. Some calculations occur on TT's Medical Worksheet.

Long term care insurance premium deductibility can be limited by the age of the insured. TT calculates that fine, but there is no tax line item in Quicken that handles that.