How do I deduct health insurance from payroll?
How do I deduct health insurance from payroll?
Most premiums are paid with pre-tax dollars, which means they are deducted from your wages before taxes are applied. Deducting them again as a medical expense would be “”double-dipping.”” You can only deduct the premiums if your employer included them in box 1 (Gross Wages) of your W-2. Dec 31, 2021
