IRA withdrawals kicked me out out of ACA. I had to repay over $14,000 Advance Premium Tax Credits with my 2018 tax return. The answers I am seeing seem to say I can take it as a 2018 medical expense even though I did not pay it until April 2019. As a cash basis tax payer I think it should be a 2019 medical expense.

I would like to make plans to maximize itemized deductions in 2019 if it qualifies as an insurance premium paid in 2019 and therefore a 2019 medical expense.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.