Tax Line Item for Health Insurance Premiums

cbestsfnm
cbestsfnm Quicken Windows Subscription Member
edited April 2023 in Registers & Transactions (Windows)

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.

Comments

  • Rocket J Squirrel
    Rocket J Squirrel Quicken Windows Subscription SuperUser ✭✭✭✭✭

    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

    Quicken user since version 2 for DOS, as of 2025 using QWin Premier (US) on Win10 Pro & Win11 Pro on 2 PCs.

  • Ps56k2
    Ps56k2 Quicken Windows Subscription Alumni ✭✭✭✭
    edited March 2023

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

    …. You do not have one.

  • Unknown
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  • q_lurker
    q_lurker Quicken Windows Subscription SuperUser ✭✭✭✭✭

    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.

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  • Rocket J Squirrel
    Rocket J Squirrel Quicken Windows Subscription SuperUser ✭✭✭✭✭

    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.

    Quicken user since version 2 for DOS, as of 2025 using QWin Premier (US) on Win10 Pro & Win11 Pro on 2 PCs.

This discussion has been closed.

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