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New Member
posted Oct 29, 2019 11:35:52 PM

Are health premiums deductible, ASEBP, Blue Cross,

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1 Best answer
New Member
Oct 29, 2019 11:35:54 PM

While the Medical Expense Tax Credit can significantly reduce your taxes, it is not always obvious which medical expenses are eligible. Payments of premiums for private health service plans may qualify if they meet certain criteria, while others are excluded. It is important to know if any of your payments are eligible towards this credit

Please see link below to see if your personal health premiums qualify.

https://turbotax.intuit.ca/tax-resources/taxes-and-insurance/deducting-premiums-paid-for-a-private-h...

http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/bnfts/hlth/prvt-eng.html





1 Replies
New Member
Oct 29, 2019 11:35:54 PM

While the Medical Expense Tax Credit can significantly reduce your taxes, it is not always obvious which medical expenses are eligible. Payments of premiums for private health service plans may qualify if they meet certain criteria, while others are excluded. It is important to know if any of your payments are eligible towards this credit

Please see link below to see if your personal health premiums qualify.

https://turbotax.intuit.ca/tax-resources/taxes-and-insurance/deducting-premiums-paid-for-a-private-h...

http://www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/bnfts/hlth/prvt-eng.html