Designate by an R is an item is a deduction FOR AGI or an M is an item is a deduction FROM AGI.
-Employee portion of health insurance premium

Question

Quizplus · Accepted Answer

The employee portion of health insurance premiums is typically deducted from AGI, not for AGI. Deductions for AGI are adjustments to income, and the employee portion of health insurance premiums does not qualify as such. Instead, it is often itemized and deducted from AGI if it, along with other medical expenses, exceeds a certain percentage of the taxpayer's AGI.

Designate by an R Is an Item Is a Deduction