2016 Form 1040 line 61 - Health care - Individual responsibility

[mooretax]

Taxpayer has a penalty payment on line 61 form 1040 for tax year 2016.
Can he claim the amount on line 61 as medical insurance on schedule A?
He is qualified for itemized deduction.

Thank you for your answer.

[MAJ]

But - It's not technically insurance... Isn't it a Penalty?

End Game! <?>

[claud46]

ACA Line 61 Penalty for NOT having Health Insurance

First Line 61 is NOT a penalty or fine, Justice Roberts defined it as a TAX

1) What is it Taxing? Constitution & #16 TAX "Property"
Not buying a "Service" is not property
2) IF USSC would have left the word be as WRITTEN in ACA, ACA Law IS Unconstitutional
This was the USSC "Making New Law" vs "Interpreting" a Law before them
as to its being Constitutional or Not Constitutional

3) IRS Feb 17 announcement states you do NOT have to answer Did You Have Health Ins
Yes you are still liable for that penalty IF you did not HAVE Ins, just Not paying Right Now!
One bill in the house Not voted on is not anything, ACA took 15 months to become law

However, the specific answer to your question makes all of above not relevant at ALL

For it to be a 2016 deduction, any where in the 2016 Form 1040
FIRST it has to have been PAID "IN" 2016

[Rapid Robert]

Can he claim the amount on line 61 as medical insurance on schedule A?

Ask yourself - is it a payment of medical insurance premium? Is it a payment for any type of medical or health-related service at all?