National Monuments are Presidential designations of habitat, landmarks or structures for the purpose of historic or scientific preservation. Touring the National Monuments of Oregon allows travelers to experience a range of landscapes within the state.
Your COBRA premiums might be tax-deductible as a medical expense, depending on how much money you earn and how many medical expenses you had for the year. Medical expenses are deductible only if they amount to more than 10 percent of your annual gross, or pretax, income, or 7.5 percent if you were born before 1949.
In 2014, you signed a 3-year insurance contract. Even though you paid the premiums for 2014, 2015, and 2016 when you signed the contract, you can only deduct the premium for 2014 on your 2014 tax return. You can deduct in 2015 and 2016 the premium allocable to those years.ee Publication 547. Loss of earnings. You cannot deduct premiums for a policy that pays for lost earnings due to sickness or disability. However, see the discussion on overhead insurance, item (8), under Deductible Premiums, earlier.