OH HB584

Amends section 5747.01 of the Revised Code to extend an existing income tax deduction for unsubsidized medical insurance premiums to include Medicare premiums.

The deduction currently applies to medical care insurance and qualified long-term care insurance for taxpayers, spouses, and dependents, but excludes individuals entitled to Medicare benefits.

The amendment removes the restriction that denies the deduction to taxpayers entitled to or who would be entitled to benefits under Part A of Title XVIII (Medicare) of the Social Security Act.

Applies to taxable years ending on or after the effective date of the legislation.