Under which category (German) it is listed?
I am trying to find it in Easy Tax, but haven't been able so far (Basel Land).
Is a regular health insurance tax deductible or only premiums?
What do you mean with premiums?
There‘s a field in the tax return where you add what you paid monthly plus what you paid yourself (what is not covered if you have a deductible)
Its under Versicherungsprämien und Sparzinsen and there is a cap, which is way lower then most of us pay in insurance premiums.
I live in BL. Premiums are not deductable. Incurred expenses are.
However, it you are on a low income, you will receive a payment into your account to help pay your premiums, based on last year's income.
Edit: There are deductions for total of life insurance, health and accident insurance and interest on savings, capped at 2000 for singles, 4000 for married couples.
Yes they are. See the Wegleitung under “Versicherungsprämien und Zinsen von Sparkapitalien”. Did I just save you CHF 500 or more in future tax?
https://www.baselland.ch/politik-und…g/wegleitungen
Expenses are only deductible if they are more than ~5% of your income
In BL all medical expenses can definitely be deducted from Canton/Gemeinde tax - see
https://www.baselland.ch/politik-und…nd1_029_17.pdf
" Pursuant to Art. 29 para. 1 lit. n StG, the self-borne costs for illness and accident of the taxpayer and the persons supported by him/her may be deducted. In the case of the Confederation, the costs may only be deducted to the extent that they exceed 5% of the taxable income (Art. 33 para. 1 let. h DBG )."(Deepl)
I think the 5% rule actually applies to health insurance premiums - eg they can only be deducted from tax if premiums are above 5% of income in BL. I am not 100% sure about this though, happy to be corrected.
I have just spend 2 hours digging into Easy Tax application looking for equivalent to Zurich's (and perhaps other cantons) "Versicherungsprämien und Zinsen von Sparkapitalien" and unfortunately I was unsuccessful.
Maybe there is a merit to NotAllThere claim?
I suggest emailing your local Gemeinde tax contact directly, the address should be on their website. I usually get a very helpful reply from mine with a day or two.
I think, at this point in conversation, from other's posts context, you can get the gist of what I meant by 'premiums'. Thanks for the interest and for valuable question.
Yup. Gonna do that tomorrow. Thanks for the suggestion.
According to the link aSwissInTheUS gave us:
Stg §29, paragraph 1 reads
So: the answer to the question “Do I get a deduction for insurance premiums in BL” is yes, if the total of your life, health and accident insurance, plus interest on savings is less than 2000 francs total for a single person, 4000 francs total for a married person. Otherwise maximum deduction 2000 and 4000 respectively.
Since I pretty sure - and I’ve looked hard - there is nowhere in the form to fill in insurance premiums - only self paid costs - I can only assume that somehow BL apply these deductions automatically.
So a s I said. Deductible, but with a cap.
I am sure you have to enter an amount in BL EasyTax, as the deduction is only for the cap or the actual paid premium (whichever is lower). Let me download and install the thing.
O.k. looks like BL EasyTax automatically sets it to the max. based on your personal situation (as nearly all pay that much health insurance per year). You can see the actual deduction if you change from assistant to the form view (Ansicht -> Ansicht), there you will see it on Form A on lines 620, 625, 630.
So you haven't saved me 4000 francs. But I thank you for the effort. Easytax is no longer used - it's all online now. Which has benefits and drawbacks.
Cannot wait. This thing 'Easy Tax' is all, but easy.
Men...
Don't even make me start on this shit.
Na,
Not in Baselland
st2lemans be kind and ungroan me - you are wrong. And unkind. But honest.
Be honest*
Same here, but as I recall the cap is 9k or so for a couple.
Tom
And how is that a reason to groan on me? Do I look to you like JPow?