Idaho Health Insurance Deduction for Individual Tax Returns
When filing your Idaho individual income tax return, you may be eligible to claim a deduction for health insurance premiums if you claimed them on your federal Form 1040 or 1040-SR, Schedule A. Idaho follows a specific worksheet to calculate the allowable deduction, ensuring it aligns with federal itemized deductions.
How to Claim the Idaho Health Insurance Deduction
- Eligibility: You must have claimed health insurance premiums as an itemized deduction on your federal Schedule A.
- Worksheet Use: Use the Idaho worksheet (referenced on page 35 or 46 of the instructions, depending on form) to calculate your state deduction.
- Priority Order: Idaho applies itemized deductions first to health insurance premiums and then to long-term care insurance.
- Calculation Basis: The deduction is calculated based on the proportion of your Idaho income to your total federal income (from Form 1040 or 1040-SR, line 9).
Long-Term Care Insurance Deduction
If you claimed long-term care insurance premiums on your federal return, Idaho allows a deduction based on the same proportional method. The worksheet used for health insurance also applies here, with the following steps:
- Enter total long-term care insurance costs deducted on the federal return.
- Subtract this amount from the total allowable deduction (calculated using the worksheet).
- Enter the result on Form 39NR, line 19, Column A.
Relevant Forms and Instructions
The following forms and instructions provide detailed guidance for calculating Idaho health and long-term care insurance deductions:
Source:
Individual Income Tax guidelines
Form 39NR
Form 39R
Disclaimer: Always verify details with the official Federal or State Department of Revenue Forms and Instructions.