We are not COBRA. For specific contract details about your current company policy, contact your health plan administrator.
COBRA and income tax deductions
I have been paying COBRA for over one year, while unemployed AND while ill. I'm currently on disability and paying all medical costs out of pocket (COBRA premiums, co-pays, prescriptions, lab tests, etc, etc)
Is it true that a tax deduction can be made for medical expenses? I heard that if a person spends more than 7.5% of his AGI he can get tax credits, true??