In: Accounting
Which of the following insurance premiums would not be considered a qualified medical expense?
a. Premiums for health care continuation coverage (such as coverage under COBRA)
b. Premiums for Medicare supplemental policy, such as Medigap
c. All premiums for long-term care insurance including amounts over the aged-based limits
d. Premiums for Medicare and other health care coverfage if the taxpayer was 65 or older
Option B is correct
insurance prenium qualified as medical expense if
1) long term care insurance including amounts over ghe aged based limits
2) prenium for medicare coverage if taxpayer is 65 or older
3) Prenium for health care continuation coverage ( coverage under COBRA )
4) "health care Coverage while receiving compensation under state or federal law"