How do I claim health insurance tax benefit on 80D?
28 Dec, 2022 by Sushmita Sinha
This is the first time I will be filing for my taxes myself and just wanted to know how to claim my health insurance on 80D form. Or is it something only a certified CA can claim for clients?
Thanks in advance!
Hi Sushmita Sinha,
After your health insurance is successfully issued, you can claim the premium amount for deduction under section 80D. There's is option when you file your ITR under deductions options
Maximum limit is upto Rs 75000/- under the section, if you are below 60 years, upto Rs. 25000/- can be availed for deduction
You can avail for your parents too, if they are below 60 years, Rs. 25,000/- and beyond 60, Rs. 50,000/- is the upper limit, it is inclusive of health check up benefits as well