Tax dollars or after tax dollars from your paycheck


My old job allowed me to have my health insurance premiums deductedfrom my paycheck with before tax dollars. My new job does notallow me to pay with before tax dollars, I must pay with after taxdollars.

The question is does this mean that I can totally deduct myhealthcare premiums as an expense at the end of the tax year ordoes it mean I can deduct a percentage of my healthcare premiumsthat I paid for with after tax dollars from my paycheck?

If I can deduct my healthcare premiums that I paid for with aftertax dollars, is it a percentage of what I paid or is it the totalof what I paid? If it's a percentage of what I paid, do youknow what the percentage is?

Also, bottom line, is it better to pay healthcare premiums withbefore tax dollars or after tax dollars from your paycheck?

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Accounting Basics: Tax dollars or after tax dollars from your paycheck
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